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December 5, 2007
Democrats Release Details of Energy Tax Bill
House Ways & Means Committee Chair Charles Rangel and Senate Finance Committee Chair Max Baucus today released the details of their agreement on a $21 billion package of tax incentives for energy and conservation efforts. The package includes the repeal of the § 199 manufacturing tax deduction for the five major oil and gas companies and a variety of tax credits to encourage the use and production of more energy-efficient goods.
- Summary
- Legislative Text
- Joint Committee on Taxation, Revenue Estimate
- Joint Economic Committee, The Proposed Modification of Section 199 Will Not Increase Consumer Energy Prices.
Press coverage:
December 5, 2007 in Congressional News | Permalink
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Tracked on Dec 6, 2007 8:54:53 AM
