United States · Bill · S
S. 3422 (109th)
A bill to provide for the tax treatment of income received in connection with the litigation concerning the Exxon Valdez oil spill.
Introduced
6 June 2006
Last action
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Status
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5494)
Sponsors
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Subjects
Discovery layer
Source updated
14 January 2025
Summary
Allows taxpayers who are plaintiffs in the civil action In re Exxon Valdez , No. 89-095-CV (HRH) (Consolidated) (D. Alaska) to: (1) elect to average, for income tax purposes, income received in settlement of such civil action for the period beginning on January 1, 1994, and ending on December 31 of the year in which any settlement income is received; and (2) make contributions of any amount of such settlement income to certain tax-exempt retirement plans in the year such income is received.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 6 June 2006
Introduced in Senate (PDF)
Introduced in Senate · EN · 6 June 2006
Introduced in Senate
summary · EN · 6 June 2006
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/109th-congress/senate-bill/3422
- Open data entity: https://api.congress.gov/v3/bill/109/s/3422