S 882 · 96th Congress · Taxation

A bill to amend paragraph 5 section 613 A (c) of the Internal Revenue Code of 1954.

Introduced 1979-04-04· 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.(1979-04-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to eliminate the scheduled rate reduction in the percentage depletion allowance for oil and natural gas production.…

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

Cosponsors (6)

2 Democrats4 Republicans