H.R. 2821 · 112th Congress

To allow damage payments from BP in connection with the blowout and explosion on the offshore drilling unit Deepwater Horizon to be included in gross income ratably over 3 years.

Stage
In committee
Sponsor
Steven Palazzo
Introduced
2011-08-16
Latest action
2011-08-30 · Referred to the House Committee on Ways and Means.

Subjects

Accidents
Oil and gas
Taxation
Income tax deferral
Disaster relief and insurance
Marine and coastal resources, fisheries
Gulf of Mexico
Marine pollution
Pollution liability