legislation: 94-hr-14664

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
94-hr-14664 94 hr 14664 A bill to amend the Internal Revenue Code of 1954 to allow a deduction with respect to the exhaustion of geothermal steam and geothermal resources. Taxation 1976-07-01 1976-07-01 Referred to House Committee on Ways and Means. House Rep. Goldwater, Barry, Jr. [R-CA-20] CA R G000268 0 Amends the Internal Revenue Code to allow as a deduction an amount equal to 25 percent of the gross income from geothermal steam and geothermal resources property. Limits such deduction to a maximum of 50 percent of the taxpayer's taxable income from the geothermal steam and geothermal resources property for the taxable year. 2024-08-01T19:32:41Z https://www.congress.gov/bill/94th-congress/house-bill/14664

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