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S. 599

Oil Spill Tax Fairness Act

Oil Spill Tax Fairness Act - Amends the Internal Revenue Code to deny a tax deduction for business-related expenses paid or incurred by a responsible party relating to an incident resulting in the discharge of oil into the navigable waters, other than an incident caused by an act of God or an act of war.

Read twice and referred to the Committee on Finance.

Sen. Nelson, Bill [D-FL](D-FL)Sponsor
1 cosponsor1 D
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  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate