S.287 -

Government

A bill to amend the Internal Revenue Code of 1986 to provide for the full deduction allowable with respect to income attributable to domestic production activities, and for other purposes.

  • People's Vote YES

    Yes 87% No 13%
    99 Votes

  • Gov Vote NONE

    In Progress

  • Outcome NONE

    In Progress

  • Your Vote NONE

Bill Status

  • Introduced
    Jan-21-2009
  • Passed House
  • Passed Senate
  • President’s Desk
  • Bill is Law

Summary:

1/21/2009--Introduced.Amends the Internal Revenue Code to eliminate the phasing in of the tax deduction for income attributable to domestic production activities and permit the full 9% deduction amount for taxable years beginning after 2008. Repeals the limitation on such tax deduction for oil-related production activities.

Actions:

Jan 21 2009

Read twice and referred to the Committee on Finance.

Groups in favor

    No Groups in Favor

Groups in opposition

    No Groups in Opposition

Sponsored by

Senator James Inhofe (OK Republican)

My Representatives: