3.0.0
1504
2023-01-11T16:47:38Z
2023-01-11T16:47:38Z
Senate
S
S
2007-05-24
110
-
ssfi00
Finance Committee
Senate
Standing
-
Referred to
2007-05-24T21:57:27Z
-
2007-05-24
-
ssfi00
Finance Committee
Senate
Read twice and referred to the Committee on Finance.
IntroReferral
-
2007-05-24
Introduced in Senate
IntroReferral
10000
9
Library of Congress
-
S000663
Sen. Snowe, Olympia J. [R-ME]
Olympia
Snowe
R
ME
J.
N
Taxation
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Accounting
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Commerce
-
Corporation taxes
-
Energy
-
Finance and Financial Sector
-
Income tax
-
Inventories
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Petroleum industry
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Tax administration
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Tax penalties
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Valuation
Taxation
00
2007-05-24
Introduced in Senate
2007-06-28T14:45:40Z
Requires major integrated oil companies (i.e., companies with annual gross receipts over $1 billion and average daily worldwide production of crude oil of at least 500,000 barrels) to revalue their LIFO inventories of crude oil, natural gas, or any other petroleum product according to a specified formula. Exempts such companies from any penalties for underpayment of estimated tax resulting from the revaluation of their LIFO inventories.]]>
A bill to revalue the LIFO inventories of major integrated oil companies.
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Display Title
A bill to revalue the LIFO inventories of major integrated oil companies.
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Official Title as Introduced
A bill to revalue the LIFO inventories of major integrated oil companies.
Introduced in Senate
IS
-
Introduced in Senate
2007-05-24T04:00:00Z
-
https://www.govinfo.gov/content/pkg/BILLS-110s1504is/xml/BILLS-110s1504is.xml
2007-05-24
Read twice and referred to the Committee on Finance.
text/xml
EN
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