HR 4532 · 103th Congress · Taxation

To amend the Internal Revenue Code of 1986 to define tar sands for purposes of the credit for producing fuels from nonconventional sources and to repeal the minimum tax preference for intangible drilling costs.

Introduced 1994-05-26· Sponsored by Rep. Thomas, William M. [R-CA-21]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1994-05-26)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to apply the credit for producing fuel from a nonconventional source to qualified fuels produced from certain tar sands. Repeals the tax preferences for intangible drilling costs.…

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