HR 5351 · 101th Congress · Taxation

Nonconventional Fuels Credit Extension and Modification Act of 1990

Introduced 1990-07-24· Sponsored by Rep. Andrews, Michael [D-TX-25]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: See H.R.5835.(1990-11-05)

Plain Language Summary

[AI summary unavailable — showing source text] Nonconventional Fuels Credit Extension and Modification Act of 1990 - Amends the Internal Revenue Code to extend the credit for producing fuel from a nonconventional source to wells or facilities in service before January 1, 1993 (currently, January 1, 1991) and sold before January 1, 2001. Redefines gas produced from a tight formation to include only gas: (1) which is committed or dedicated on April 20, 1977, to interstate commerce; or (2) which is produced from a well drilled after the date of enactment of this Act.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

13 Democrats7 Republicans