H.R. 5218 · 109th Congress

Restore a Rational Tax Rate on Petroleum Production Act of 2006

Stage
In committee
Introduced
2006-04-27
Latest action
2006-04-27 · Introduced in House

Summary

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, processing, transportation, or distribution of oil, natural gas, or any primary product thereof.