- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedJuly 30th, 2010
- house Committees
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Closing Oil Spill Tax Loopholes Act of 2010
To amend the Internal Revenue Code of 1986 to deny the trade or business expense deduction for damages paid pursuant to the Oil Pollution Act of 1990.
Closing Oil Spill Tax Loopholes Act of 2010 - Amends the Internal Revenue Code to deny a tax deduction for payment of any claim for damages under the Oil Spill Pollution Act of 1990 with respect to any discharge of oil.