S. 934 · 108th Congress
A bill to amend the Internal Revenue Code of 1986 to modify the small refiner exception to the oil depletion deduction.
- Stage
- In committee
- Sponsor
- John Breaux
- Introduced
- 2003-04-29
- Latest action
- 2003-04-29 · Introduced in Senate
Summary
Amends the Internal Revenue Code to change the average daily refinery limitation concerning the oil depletion deduction from 50,000 to 75,000 barrels-per-day.