IPAA Statement on Bipartisan Senate Action to Reject Billions in New Taxes on American Oil, Natural Gas
Press Releases, Taxes Mar 29, 2012WASHINGTON – Today, the U.S. Senate failed to invoke cloture, or limit debate, on Sen. Robert Menendez’s bill, S. 2204, which targets longstanding tax provisions that encourage American oil and natural gas production. Failing to invoke cloture now effectively kills the bill. It was rejected......