Amends the Internal Revenue Code to qualify for the investment tax credit shale oil equipment including hydrogenation or similar equipment, but excluding refining equipment.
Introduced in Senate
Read second time and referred to Senate Committee on Finance.
Subcommittee on Energy and Agricultural Taxation took the following actions.
Committee on Finance requested executive comment from OMB; Treasury Department; Energy Department.
Subcommittee on Energy and Agricultural Taxation. Hearings held.
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