HR 14082 · 95th Congress · Taxation

A bill to amend Section 1035(c) of the Tax Reform Act of 1976 relating to tax credit for production sharing contracts.

Introduced 1978-09-14· Sponsored by Rep. Rostenkowski, Dan [D-IL-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1978-09-14)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to temporarily extend to domestic corporations which qualify as independent producers for purposes of the oil depletion allowance the foreign tax credit for production-sharing contracts.…

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