Summary: H.R.870 — 106th Congress (1999-2000)All Information (Except Text)

There is one summary for H.R.870. Bill summaries are authored by CRS.

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Introduced in House (02/25/1999)

Amends the Internal Revenue Code to change the determination of the 50,000 barrel-per-day refinery limitation concerning the oil depletion deduction to a 50,000 annual average daily basis limitation.