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- H.R.1959
H.R.1959: Pain at the Pump Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced May 24, 2011
- Latest Major Action Sept. 8, 2011
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Summary
Pain at the Pump Act - Amends the Internal Revenue Code to repeal certain tax incentives for oil and gas companies, including: (1) the tax credit for enhanced oil recovery, (2) the tax credit for producing oil and gas from marginal wells, (3) the expensing allowance for intangible drilling and development costs, (4) the tax deduction for tertiary injectant expenses, (5) the exception to passive loss limitations for working interests in oil and...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
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Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Science, Space, and Technology, and Education and the Workforce, 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 Ways and Means
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Referred to House Energy and Commerce
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Referred to House Science, Space, and Technology
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Referred to House Education and the Workforce
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Referred to the Subcommittee on Energy and Power.
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Referred to the Subcommittee on Energy and Environment.
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Referred to the Subcommittee on Higher Education and Workforce Training.
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May 24, 2011 |
Introduced in the House by Paul Tonko (D-N.Y.) |