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- H.R.4231
H.R.4231: Gas Rebate Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced March 21, 2012
- Latest Major Action March 21, 2012
Bill Sponsor
Bill Cosponsors
17 (All Democrats)
Bill Summary
Gas Rebate Act of 2012 - 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...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| March 21, 2012 |
Introduced in the House by John Yarmuth (D-Ky.) |