HR 1127 · 106th Congress · Taxation
To amend the Internal Revenue Code of 1986 to exclude income from the transportation of oil and gas by pipeline from subpart F income.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1999-03-16)
Plain Language Summary
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Amends the Internal Revenue Code to exclude from the definition of "foreign base company oil related income" the pipeline transportation of oil or gas within such foreign country.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
4 Republicans