S 1116 · 106th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to exclude income from the transportation of oil and gas by pipeline from subpart F income.

Introduced 1999-05-25· Sponsored by Sen. Nickles, Don [R-OK]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(1999-05-25)

Plain Language Summary

[AI summary unavailable — showing source text] 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 (1)

1 Democrat
Sen. Breaux, John B. [D-LA]LA