Amends the Internal Revenue Code to permit individual retirement accounts, qualified pension funds and certain educational organizations to invest in working interests in oil and gas wells without incurring unrelated business taxable income.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Referred to Subcommittee on Select Revenue Measures.
Subcommittee Hearings Held.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line