US SB983 | 2011-2012 | 112th Congress


Status

May 12 2011 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amends the Internal Revenue Code to deny a tax deduction for business-related expenses paid or incurred by a responsible party relating to an incident resulting in the discharge of oil into the navigable waters, other than an incident caused by an act of God or an act of war.

Tracking Information

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Title

A bill to amend the Internal Revenue Code of 1986 to disallow a deduction for amounts paid or incurred by a responsible party relating to a discharge of oil.

Sponsors


History

DateChamberAction
2011-05-12SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB3852 (Same As) 2012-01-31 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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