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- H.R.1689
H.R.1689: Big Oil Welfare Repeal Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced May 3, 2011
- Latest Major Action May 3, 2011
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
57 (56 Democrats, 1 Republican)
Bill Summary
Big Oil Welfare Repeal Act of 2011 - Amends the Internal Revenue Code to deny a tax deduction for income attributable to the domestic production, refining, processing, transportation, or distribution of oil, gas, or any primary products thereof by a major integrated oil company (an oil company which has an average daily worldwide production of crude oil of at least 500,000 barrels for the taxable year and which had gross receipts in excess of...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
|
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May 3, 2011 |
Introduced in the House by Timothy H. Bishop (D-N.Y.) |