United States · Bill · S
S. 90 (97th)
A bill to exempt certain royalty interests from the windfall profit tax.
Introduced
15 January 1981
Last action
—
Status
Read second time and referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Amends the Internal Revenue Code to exempt from the windfall profit tax crude oil from a qualified royalty interest. Defines "qualified royalty interest" to mean an economic interest other than an operating mineral interest.
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 15 January 1981
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/senate-bill/90
- Open data entity: https://api.congress.gov/v3/bill/97/s/90