H.R. 5218 · 109th Congress
Restore a Rational Tax Rate on Petroleum Production Act of 2006
- Stage
- In committee
- Sponsor
- Jim McDermott
- 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.