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S 552 110th Congress Senate Taxation Agriculture and Food Alaska Annuities Civil actions and liability Damages Environmental Protection Estates (Law) Farm income Income tax Individual retirement accounts Labor and Employment Law Liability for environmental damages Oil pollution Self-employed Tax administration Tax exclusion Tax-deferred compensation plans

Exxon Valdez Oil Spill Tax Treatment Act

Introduced: February 12, 2007 Introduced by: Murkowski, Lisa Republican · Alaska See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 12, 2007
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1855)
Feb 12, 2007
Sponsor introductory remarks on measure. (CR S1854-1855)
Feb 12, 2007
Introduced in Senate
 Plain-English summary Congressional Research Service

Exxon Valdez Oil Spill Tax Treatment Act - Allows taxpayers who are plaintiffs in the civil action In re Exxon Valdez, No. 89-095-CV (HRH) (Consolidated) (D. Alaska), or their heirs or dependents, to: (1) elect to average, for income tax purposes, income received in settlement of such civil action for the period beginning on January 1, 1994, and ending on December 31 of the year in which any settlement income is received; and (2) make contributions of any amount of such settlement income to certain tax-exempt retirement plans in the year such income is received.

What's happening now February 12, 2007

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1855)

 Committees of jurisdiction 1