HR 5598 · 111th Congress · Taxation

Oil Spill Tax Relief Act of 2010

Introduced 2010-06-24· Sponsored by Rep. Melancon, Charlie [D-LA-3]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2010-06-24)

Plain Language Summary

[AI summary unavailable — showing source text] Oil Spill Tax Relief Act of 2010 - Treats as a qualified disaster for income tax purposes the explosion on and sinking of the mobile offshore drilling unit Deepwater Horizon and the discharge of oil in the Gulf of Mexico caused by such explosion and sinking. Excludes from gross income, for income tax purposes, compensation paid by BP, PLC to the victims of such disaster.…

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

Cosponsors (2)

1 Democrat1 Republican
Rep. Boyd, Allen [D-FL-2]FL
Rep. Ros-Lehtinen, Ileana [R-FL-18]FL