HR 12151 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide a carryback and carryover of certain foreign taxes on mineral income.

Introduced 1974-01-21· Sponsored by Rep. Brotzman, Donald G. [R-CO-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-01-21)

Plain Language Summary

[AI summary unavailable — showing source text] Provides under the Internal Revenue Code a carryback for two years and a carryover for 5 years of foreign taxes on mineral income which are disallowed for a particular tax year for purposes of entitlement to a tax credit by a taxpayer.…

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