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- H.R.1329
H.R.1329: Surface Transportation Investment Act of 2021
About This Bill
- Introduced Feb. 25, 2021
- Latest Major Action Feb. 26, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - Feb. 25, 2021
Bill Summary
Surface Transportation Investment Act of 2021 This bill limits or repeals certain tax benefits for major integrated oil companies, including (1) the foreign tax credit for companies that are dual capacity taxpayers, (2) the tax deduction for intangible drilling and development costs, (3) the percentage depletion allowance for oil and gas wells, and (4) the tax deduction for qualified tertiary injectant expenses. The bill modifies the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Feb. 26, 2021 |
Referred to the Subcommittee on Highways and Transit.
|
| Feb. 25, 2021 |
Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, 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.
|
| Feb. 25, 2021 |
Introduced in the House by Julia Brownley (D-Calif.) |