A bill to amend the Internal Revenue Code of 1954 with respect to the treatment of certain shale property for the purposes of the energy investment credit.

Summary

Amends the Internal Revenue Code to qualify for the investment tax credit shale oil equipment including hydrogenation or similar equipment, but excluding refining equipment.

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

Timeline

1. 17 March 1981

   Committee

   Subcommittee on Energy and Agricultural Taxation took the following actions.

   Source: Committee

2. 17 March 1981

   Introduced

   Read second time and referred to Senate Committee on Finance.

   Source: IntroReferral

3. 17 March 1981

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 19 March 1981

   Committee

   Committee on Finance requested executive comment from OMB; Treasury Department; Energy Department.

   Source: Committee

5. 8 June 1981

   Committee

   Subcommittee on Energy and Agricultural Taxation. Hearings held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

• Introduced in Senate

  summary · EN · 17 March 1981

  Open at official source

Sponsors

• Sen. Wallop, Malcolm [R-WY] · R · Sponsor
• Sen. Garn, E. J. (Jake) [R-UT] · R · Sponsor
• Sen. Simpson, Alan K. [R-WY] · R · Sponsor
• Sen. Matsunaga, Spark M. [D-HI] · D · Sponsor
• Sen. Hatch, Orrin G. [R-UT] · R · Cosponsor
• Sen. Armstrong, William L. [R-CO] · R · Cosponsor
• Sen. Symms, Steven D. [R-ID] · R · Cosponsor
• Sen. Hart, Gary W. [D-CO] · D · Cosponsor
• Sen. Baucus, Max [D-MT] · D · Cosponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.