S 2783 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 with respect to the treatment of certain shale oil property as energy property for purposes of the energy investment credit.

Introduced 1980-06-04· Sponsored by Sen. Wallop, Malcolm [R-WY]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1980-06-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow the eligibility of shale oil property used for hydrogenation (or for a similar process subsequent to retorting) for the ten percent energy investment tax credit.…

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

Cosponsors (3)

2 Democrats1 Republican