S 103 · 110th Congress 2007–2009, ended

Restore a Rational Tax Rate on Petroleum Production Act of 2007

Fact sheet

Latest action · Jan 4, 2007 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S111)

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJan 4, 2007
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Restore a Rational Tax Rate on Petroleum Production Act of 2007 - Amends the Internal Revenue Code to deny a tax deduction in the case of any major integrated oil company for income attributable to the domestic production, refining, processing, transportation, or distribution of oil, natural gas, or any primary product thereof.

Cosponsors 2

Members who signed on, in the order they did. All signed on Jan 4, 2007.

SeatCosponsorSigned on
D-CADianne FeinsteinOriginalJan 4, 2007
D-ORRon WydenOriginalJan 4, 2007

Actions 3

Everything that happened, newest first.

  1. Jan 4, 2007Introduced in Senate
  2. Jan 4, 2007Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S111)
  3. Jan 4, 2007Sponsor introductory remarks on measure. (CR S111)

Related bills 2

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 6Energy Independence and Security Act of 2007Related billDec 19, 2007
HR 453Ending Subsidies for Big Oil Act of 2007Related billJan 12, 2007

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Jan 4, 2007Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.