2982

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Amendment Number
2982
Purpose
To scale back corporate welfare in the tax code by eliminating the deduction for intangible drilling and development costs for oil, gas, and geo-thermal wells, by eliminating the corporate minimum tax provisions, by eliminating the foreign earned income exclusion, and by eliminating the section 936 possession tax credit, and use the savings for deficit reduction.
Congress
104
Type
SAMDT
Latest Action Date
Oct 27, 1995
Latest Action Text
SP 2982 ruled out of order by the chair.
Proposed Date
Oct 26, 1995
Submitted Date
Oct 26, 1995
Chamber
Senate
Update Date
Aug 15, 2021
Amendment 2982 — Informed