HR 576 · 104th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow a tax credit for fuels produced from offshore deep-water projects.

Introduced 1995-01-19· Sponsored by Rep. Hayes, James A. [D-LA-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1995-01-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow a general business credit for fuels produced from offshore deep-water projects. Allows such credit to offset the minimum tax, with limitations.…

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

Cosponsors (3)

3 Republicans