HR 3547 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to deny the deduction of any expenditure of any oil company for advertising not directly related to the sale of products or services.

Introduced 1977-02-16· Sponsored by Rep. Spellman, Gladys Noon [D-MD-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-02-16)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to disallow the deduction of oil company advertising expenses incurred for purposes other than the sale of products or services.…

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