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HR 6579 112th Congress House Taxation Income tax deductions Marine pollution Oil and gas Pollution liability Water quality

To amend the Internal Revenue Code of 1986 to deny any deduction for compensatory payments made to any person or governmental entity on account of the April 20, 2010, explosion on and sinking of the mobile offshore drilling unit Deepwater Horizon.

Introduced: October 26, 2012 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 26, 2012
Referred to the House Committee on Ways and Means.
Oct 26, 2012
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to deny a business expense tax deduction for any compensatory payments made to any person or governmental entity on account of the explosion on and sinking of the mobile offshore drilling unit Deepwater Horizon on April 20, 2010.

What's happening now October 26, 2012

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1