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S. 464 — A bill to exempt newly discovered oil from the windfall profit tax. | PoliFocus

S. 46498th Congress

A bill to exempt newly discovered oil from the windfall profit tax.

Sponsors

Sen. Long, Russell B. [D-LA]

4 cosponsors

Subjects

Taxation

Summary

Amends the Internal Revenue Code to exempt newly discovered oil from the windfall profit tax.

Full Text

Legislative Actions

1983-02-03
Introduced in Senate
1983-02-03
Read twice and referred to the Committee on Finance.
1983-02-08
Committee on Finance requested executive comment from OMB, Treasury Department, Energy Department.

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