HR 6814 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to repeal the treatment of intangible drilling and development costs as an item of tax preference.

Introduced 1977-05-02· Sponsored by Rep. Kelly, Richard [R-FL-5]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-05-02)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude intangible drilling and development costs from the minimum tax on tax preferences.…

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