HR 8559 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to eliminate the tax credit for oil and gas extraction taxes paid to any foreign country.

Introduced 1977-07-27· Sponsored by Rep. Harris, Herbert E., II [D-VA-8]· 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.(1977-07-27)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to deny any credit to any taxpayer for any amount of any oil and gas extraction taxes paid or accrued to any foreign country.…

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