A bill to amend the Internal Revenue Code of 1954 to permit individual retirement accounts, qualified retirement trusts and certain educational organizations to invest in working interests in oil and gas properties without incurring unrelated business taxable income.

Summary

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Related Legislation

• H.R. 4167A bill to amend the Internal Revenue Code of 1954 to permit individual retirement accounts, qualified retirement trusts and certain educational organizations to invest in working interests in oil and gas properties without incurring unrelated business taxable income.

  1984-10-03Subcommittee Hearings Held.

  Related

Legislative Actions

1. 1983-06-27

   Introduced in Senate

2. 1983-06-27

   Read twice and referred to the Committee on Finance.

3. 1983-06-30

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

4. 1983-08-01

   Subcommittee on Taxation and Debt Management. Hearings held. Hearings printed: S.Hrg. 98-499.