HR 4864 · 96th Congress · Taxation

Energy Production Encouragement Tax Act of 1979

Introduced 1979-07-19· Sponsored by Rep. Hance, Kent R. [D-TX-19]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-07-19)

Plain Language Summary

[AI summary unavailable — showing source text] Energy Production Encouragement Tax Act of 1979 - Amends the Internal Revenue Code to allow an income tax deduction with respect to the amortization based on a 60 month period of facilities producing unleaded gasoline, heating oil, diesel fuel, solar or wind energy equipment, or synthetic fuels.…

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