Big Oil Welfare Repeal Act of 2013
Official title: To amend the Internal Revenue Code of 1986 to disallow the deduction for income attributable to domestic production activities with respect to oil and gas activities of major integrated oil companies.
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Referred to the House Committee on Ways and Means.
Big Oil Welfare Repeal Act of 2013 - Amends the Internal Revenue Code to eliminate the tax deduction for income attributable to domestic production activities for major integrated oil companies (companies that have an average daily worldwide production of crude oil of at least 500,000 barrels for a taxable year and gross receipts exceeding $1 billion for their last taxable year ending during 2005).
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 1426: Big Oil Welfare Repeal Act of 2013. 113th Congress. Open America. https://openamerica.io/bill/113-HR-1426/
"H.R. 1426: Big Oil Welfare Repeal Act of 2013." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-1426/.
H.R. 1426, 113th Cong. (2026), https://openamerica.io/bill/113-HR-1426/.
[H.R. 1426: Big Oil Welfare Repeal Act of 2013](https://openamerica.io/bill/113-HR-1426/)