Sen. Hansen, Clifford P. [R-WY] (Introduced 01/04/1973)
Summary: S.199 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/04/1973)
Allows a tax deduction under the Internal Revenue Code with respect to the amortization of any conversion facility built for the purpose of converting coal and oil shale to low pollutant synthetic fuels, based on a period of 60 months.
Provides that the election of the taxpayer to take the amortization deduction shall be made by filing such an intent with the Secretary of the Treasury in accordance with regulations established by the Secretary. Allows for the termination of such deduction by the filing of a notice with the Secretary. (Adds 26 U.S.C. 188)
Summary: S.199 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/04/1973)
Allows a tax deduction under the Internal Revenue Code with respect to the amortization of any conversion facility built for the purpose of converting coal and oil shale to low pollutant synthetic fuels, based on a period of 60 months.
Provides that the election of the taxpayer to take the amortization deduction shall be made by filing such an intent with the Secretary of the Treasury in accordance with regulations established by the Secretary. Allows for the termination of such deduction by the filing of a notice with the Secretary. (Adds 26 U.S.C. 188)
Summary: S.199 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/04/1973)
Allows a tax deduction under the Internal Revenue Code with respect to the amortization of any conversion facility built for the purpose of converting coal and oil shale to low pollutant synthetic fuels, based on a period of 60 months.
Provides that the election of the taxpayer to take the amortization deduction shall be made by filing such an intent with the Secretary of the Treasury in accordance with regulations established by the Secretary. Allows for the termination of such deduction by the filing of a notice with the Secretary. (Adds 26 U.S.C. 188)
Summary: S.199 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/04/1973)
Allows a tax deduction under the Internal Revenue Code with respect to the amortization of any conversion facility built for the purpose of converting coal and oil shale to low pollutant synthetic fuels, based on a period of 60 months.
Provides that the election of the taxpayer to take the amortization deduction shall be made by filing such an intent with the Secretary of the Treasury in accordance with regulations established by the Secretary. Allows for the termination of such deduction by the filing of a notice with the Secretary. (Adds 26 U.S.C. 188)
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