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- S.983
S.983: A bill to amend the Internal Revenue Code of 1986 to disallow a deduction for amounts paid or incurred by a responsible party relating to a discharge of oil.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced May 12, 2011
- Latest Major Action May 12, 2011
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Summary
Amends the Internal Revenue Code to deny a tax deduction for business-related expenses paid or incurred by a responsible party relating to an incident resulting in the discharge of oil into the navigable waters, other than an incident caused by an act of God or an act of war.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| May 12, 2011 |
Introduced in the Senate by Bill Nelson (D-Fla.) |