A bill to provide a tax credit for the production of oil or gas from deposits held in trust for, or held with restrictions against alienation by, Indian tribes and Indian individuals.
Last action on Jun 26, 2001Read twice and referred to the Committee on Finance.
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Summary
Amends the Internal Revenue Code to allow a tax credit for the production of oil or gas from deposits held in trust for, or held with restrictions against alienation by, Indian tribes and Indian individuals pursuant to a lease or other agreement issued or approved by the United States.
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