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- H.R.1748
H.R.1748: Taxpayer and Gas Price Relief Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about energy
- Introduced May 5, 2011
- Latest Major Action May 16, 2011
Bill Sponsor
Bill Cosponsors
19 (All Democrats)
Bill Summary
Taxpayer and Gas Price Relief Act of 2011 - Amends the Internal Revenue Code to deny major integrated oil companies: (1) a tax deduction for income attributable to producing, refining, processing, transporting, or distributing oil, gas, or primary products thereof; (2) the last-in, first-out inventory method; and (3) deductions for intangible drilling and development costs in the case of oil and gas wells. Deficit Reduction Through Fair Oil...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Energy and Commerce
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Referred to House Ways and Means
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Referred to House Natural Resources
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Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
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Referred to the Subcommittee on Energy and Mineral Resources.
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May 5, 2011 |
Introduced in the House by Timothy H. Bishop (D-N.Y.) |