Summary: H.R.6206 — 96th Congress (1979-1980)All Information (Except Text)

There is one summary for H.R.6206. Bill summaries are authored by CRS.

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Introduced in House (12/20/1979)

Provides for an exemption from the windfall profits tax for independent oil producers for an amount equal to 1,000 barrels of crude oil multiplied by the number of days in the taxable period.