HR 5218
109th Congress
House
Taxation
Commerce
Corporation taxes
Energy
Gas companies
Gas industry
Income tax
Petroleum industry
Tax deductions
Tax rates
Restore a Rational Tax Rate on Petroleum Production Act of 2006
Introduced: April 27, 2006
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 27, 2006
Referred to the House Committee on Ways and Means.
Apr 27, 2006
Introduced in House
Plain-English summary
Restore a Rational Tax Rate on Petroleum Production Act of 2006 - Amends the Internal Revenue Code to deny a tax deduction for income attributable to the domestic production, refining, processing, transportation, or distribution of oil, natural gas, or any primary product thereof.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1