S 599 · 113th Congress · Taxation
Oil Spill Tax Fairness Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2013-03-18)
Plain Language Summary
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Oil Spill Tax Fairness Act - Amends the Internal Revenue Code to deny a tax deduction for business-related expenses paid or incurred by a responsible party relating to an incident resulting in the discharge of oil into the navigable waters, other than an incident caused by an act of God or an act of war.…
Summarized by Claude AI · Non-partisan · For informational purposes only