S. 2672 · 109th Congress
Restore a Rational Tax Rate on Petroleum Production Act of 2006
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
KerrySponsorNo cosponsors.
Restore a Rational Tax Rate on Petroleum Production Act of 2006 - Amends the Internal Revenue Code to deny a tax deduction for income attributable to the domestic production, refining, processing, transportation, or distribution of oil, natural gas, or any primary product thereof.
What it does: CRS summary · Introduced in Senate · Apr 27, 2006
Restore a Rational Tax Rate on Petroleum Production Act of 2006 - Amends the Internal Revenue Code to deny a tax deduction for income attributable to the domestic production, refining, processing, transportation, or distribution of oil, natural gas, or any primary product thereof.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Restore a Rational Tax Rate on Petroleum Production Act of 2006
Latest action (Apr 27, 2006): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3714)
Policy area: Taxation · Origin: Senate · Introduced: Apr 27, 2006
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.