HR 3741 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that petroleum coke will not be treated as a petroleum product for purposes of the energy tax credit and for purposes of the denial of the investment tax credit and rapid depreciation for certain boilers fueled by petroleum products.

Introduced 1979-04-25· Sponsored by Rep. Holland, Kenneth L. [D-SC-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-04-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to qualify alternative energy property which is fueled by petroleum coke for the investment tax credit and the allowance for rapid depreciation.…

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