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United States · Bill · S

S. 463 (94th)

A bill to amend the Internal Revenue Code of 1954 to encourage the use of recycled oils.

referredUnited States· United States Congress· EN

Introduced

28 January 1975

Last action

28 January 1975 · Introduced

Status

Referred to Senate Committee on Finance.

Sponsors

Sen. Thurmond, Strom [R-SC], Sen. Domenici, Pete V. [R-NM]

Subjects

Environment

Source updated

1 August 2024

Environment

Summary

Imposes on lubricating, hydraulic, and cutting oils (other than recycled oils) a tax of 6 cents per gallon to be paid by the manufacturer or producer. Authorizes the Secretary of the Treasury to issue regulations to exempt sales to producers of such oils for resale from the tax imposed by this Act. (Amends 26 U.S.C. 4091-4093)

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 28 January 1975

    Introduced

    Referred to Senate Committee on Finance.

    Source: IntroReferral

  2. 28 January 1975

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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