United States · Bill · S
S. 92 (97th)
A bill to amend the Internal Revenue Code of 1954 to provide, in lieu of the reduced rates for independent producer oil, an exemption of 1,000 barrels per day from the crude oil windfall profit tax for independent producers and royalty owners.
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 provide a limited exemption of independent producer oil from the windfall profit tax.
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Timeline
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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/92
- Open data entity: https://api.congress.gov/v3/bill/97/s/92