A bill to amend the Internal Revenue Code of 1954 to provide a 5 barrel per day exemption from the windfall profit tax in the case of stripper well oil, and for other purposes.

Summary

Full Text

Legislative Actions

1. 1981-03-10

   Introduced in Senate

2. 1981-03-10

   Read second time and referred to Senate Committee on Finance.

3. 1981-03-16

   Committee on Finance requested executive comment from OMB; Treasury Department; Energy Department.