legislation: 93-hr-13282

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
93-hr-13282 93 hr 13282 A bill to amend the Internal Revenue Code of 1954 to eliminate the percentage depletion allowance and the option to deduct intangible drilling and development costs in the case of any oil or gas well located outside the United States, and to deny a foreign tax credit with respect to the income derived from any such well. Petroleum industry 1974-03-06 1974-03-06 Referred to House Committee on Ways and Means. House Rep. Kemp, Jack [R-NY-38] NY R K000086 0 Eliminates the percentage depletion allowance and the option to deduct intangible drilling and development costs, under the Internal Revenue Code, in the case of any oil or gas well located outside the United States. Denies a foreign tax credit with respect to the income derived from any such well. 2024-08-01T18:36:23Z  

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