S 103
110th Congress
Senate
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 2007
Introduced: January 4, 2007
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 4, 2007
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S111)
Jan 4, 2007
Sponsor introductory remarks on measure. (CR S111)
Jan 4, 2007
Introduced in Senate
Plain-English summary
Restore a Rational Tax Rate on Petroleum Production Act of 2007 - Amends the Internal Revenue Code to deny a tax deduction in the case of any major integrated oil company 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
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S111)
Committees of jurisdiction
1
Cosponsors
1