S 725 · 97th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 with respect to the treatment of certain shale property for the purposes of the energy investment credit.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Subcommittee on Energy and Agricultural Taxation. Hearings held.(1981-06-08)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code to qualify for the investment tax credit shale oil equipment including hydrogenation or similar equipment, but excluding refining equipment.…
Summarized by Claude AI · Non-partisan · For informational purposes only