US HB1689 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 57-0)
Status: Introduced on May 3 2011 - 25% progression, died in committee
Action: 2011-05-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 3 2011 - 25% progression, died in committee
Action: 2011-05-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Big Oil Welfare Repeal Act of 2011 - Amends the Internal Revenue Code to deny a tax deduction for income attributable to the domestic production, refining, processing, transportation, or distribution of oil, gas, or any primary products thereof by a major integrated oil company (an oil company which has an average daily worldwide production of crude oil of at least 500,000 barrels for the taxable year and which had gross receipts in excess of $1 billion for its last taxable year ending during calendar year 2005).
Title
Big Oil Welfare Repeal Act of 2011
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-05-03 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
HB2537 (Related) 2011-09-08 - Referred to the Subcommittee on Higher Education and Workforce Training.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/1689/all-info |
| Text | https://www.congress.gov/112/bills/hr1689/BILLS-112hr1689ih.pdf |
