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- H.R.5218
H.R.5218: Restore a Rational Tax Rate on Petroleum Production Act of 2006
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced April 27, 2006
- Latest Major Action April 27, 2006
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Summary
Restore a Rational Tax Rate on Petroleum Production Act of 2006 - Amends the Internal Revenue Code to deny a tax deduction for income attributable to the domestic production, refining, processing, transportation, or distribution of oil, natural gas, or any primary product thereof.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| April 27, 2006 |
Introduced in the House by Jim McDermott (D-Wash.) |