3.0.0 5906 2019-02-20T22:31:54Z 2019-02-24T03:39:36Z House H HR 2012-06-07 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. POLIS:H.R. 5906.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8.[Page H3661]]]> hswm00 Ways and Means Committee House Standing Referred to 2012-06-07T14:01:05Z 112 436 HR 2012-06-12 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 427. Related bill CRS 112 488 HR 2011-01-26 Referred to the House Committee on Ways and Means. Related bill CRS 112 734 HR 2011-02-16 Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS 112 17 S 2011-01-25 Read twice and referred to the Committee on Finance. Related bill CRS 112 262 S 2011-02-03 Read twice and referred to the Committee on Finance. Related bill CRS 2012-06-07 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2012-06-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-06-07 Introduced in House IntroReferral 1000 9 Library of Congress P000598 Rep. Polis, Jared [D-CO-2] Jared Polis D CO 2 N M001143 Rep. McCollum, Betty [D-MN-4] BETTY MCCOLLUM D MN 4 2012-06-07 True O000169 Rep. Owens, William L. [D-NY-23] William Owens D NY L. 23 2012-06-07 True R000573 Rep. Ross, Mike [D-AR-4] MIKE ROSS D AR 4 2012-06-07 True C001037 Rep. Capuano, Michael E. [D-MA-8] MICHAEL CAPUANO D MA E. 8 2012-06-07 True D000598 Rep. Davis, Susan A. [D-CA-53] SUSAN DAVIS D CA A. 53 2012-06-07 True S000344 Rep. Sherman, Brad [D-CA-27] BRAD SHERMAN D CA 27 2012-06-07 True K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 2012-06-07 True P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2012-06-08 False T000465 Rep. Tsongas, Niki [D-MA-5] Niki Tsongas D MA 5 2012-07-31 False Taxation Accounting and auditing Health technology, devices, supplies Income tax deductions Oil and gas Sales and excise taxes Taxation

00 2012-06-07 Introduced in House 2012-06-21T18:35:34Z Amends the Internal Revenue Code to: (1) repeal the excise tax on medical devices; (2) exclude from the gross receipts of major integrated oil companies (defined as companies with an average daily worldwide production of crude oil of at least 500,000 barrels and gross receipts in excess of $1 billion), for purposes of the tax deduction for income attributable to domestic production activities, receipts from the production, transportation, or distribution of oil, natural gas, or any primary product thereof; and (3) prohibit the use of the last-in, first-out (LIFO) accounting method by major integrated oil companies.

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Display Title Official Title as Introduced Introduced in House 2012-06-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr5906ih/xml/BILLS-112hr5906ih.xml 2012-06-07 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.