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- S.1506
S.1506: Gulf Coast Oil Recovery Zone Tax Relief and Economic Recovery Act
About This Bill
- This bill was introduced in the 113th Congress
- This bill is primarily about taxation
- Introduced Sept. 17, 2013
- Latest Major Action Sept. 17, 2013
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Gulf Coast Oil Recovery Zone Tax Relief and Economic Recovery Act - Allows non-recognition, for income tax purposes, of proceeds or payments from insurance received in connection with the Gulf oil spill or any payment for damages attributable to the oil spill under the Oil Pollution Act of 1990 that are invested in a qualified recovery zone trade or business within five years after the later of an oil spill payment or the enactment of this...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Sept. 17, 2013 |
Read twice and referred to the Committee on Finance.
|
| Sept. 17, 2013 |
Introduced in the Senate by Roger Wicker (R-Miss.) |