HR 1093 · 97th Congress · Taxation

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

Introduced 1981-01-22· Sponsored by Rep. Hinson, Jon C. [R-MS-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: See H.R.4242.(1981-08-04)

Plain Language Summary

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

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