About the bill
- Summary (CRS)
- 6/3/1980--Introduced.Amends the Internal Revenue Code to exempt a certain portion of royalty owner oil production from the windfall profit tax. Limits the amount so exempted per quarter to ten barrels ... Read more >
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Referred to Committee
Last Action: Apr 22, 1980
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The “H.R.” in “H.R. 7481” means this is a House of Representatives bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
The bill’s title was written by its sponsor.
2 cosponsors (1R, 1D) (show)
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There have been no votes related to this bill.
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Civic Impulse. (2015). H.R. 7481 — 96th Congress: A bill to amend the Internal Revenue Code of 1954 to provide more equitable treatment .... Retrieved from https://www.govtrack.us/congress/bills/96/hr7481
“H.R. 7481 — 96th Congress: A bill to amend the Internal Revenue Code of 1954 to provide more equitable treatment ....” www.GovTrack.us. 1980. May 27, 2015 <https://www.govtrack.us/congress/bills/96/hr7481>
|title=H.R. 7481 (96th)
|accessdate=May 27, 2015
|author=96th Congress (1980)
|date=June 3, 1980
|quote=A bill to amend the Internal Revenue Code of 1954 to provide more equitable treatment ...