HR 6206 · 96th Congress · Taxation

A bill to exempt limited amounts of oil production by independent producers from the windfall profits tax and for other purposes.

Introduced 1979-12-20· 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.(1979-12-20)

Plain Language Summary

[AI summary unavailable — showing source text] Provides for an exemption from the windfall profits tax for independent oil producers for an amount equal to 1,000 barrels of crude oil multiplied by the number of days in the taxable period.…

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

Cosponsors (20)

11 Democrats9 Republicans