About the bill
- Full Title
To amend the Internal Revenue Code of 1986 to provide that oil and gas companies will not be eligible for the effective rate reductions enacted in 2004 for domestic manufacturers.
- Summary (CRS)
4/27/2006--Introduced.Restore a Rational Tax Rate on Petroleum Production Act of 2006 - Amends the Internal Revenue Code to deny a tax deduction for income attributable to the domestic production, refining, ...
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The bill’s title was written by its sponsor.
Apr 27, 2006
This is the first step in the legislative process.
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This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 5218”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
- Committee Assignments
The committee chair determines whether a bill will move past the committee stage.
There have been no roll call votes related to this bill.
- Related Bills
Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.
Referred to Committee
Last Action: Apr 27, 2006
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Civic Impulse. (2015). H.R. 5218 — 109th Congress: Restore a Rational Tax Rate on Petroleum Production Act of 2006. Retrieved from https://www.govtrack.us/congress/bills/109/hr5218
“H.R. 5218 — 109th Congress: Restore a Rational Tax Rate on Petroleum Production Act of 2006.” www.GovTrack.us. 2006. November 24, 2015 <https://www.govtrack.us/congress/bills/109/hr5218>
|title=H.R. 5218 (109th)
|accessdate=November 24, 2015
|author=109th Congress (2006)
|date=April 27, 2006
|quote=Restore a Rational Tax Rate on Petroleum Production Act of 2006