Miscellaneous Energy Tax Bills: Hearing Before the Subcommittee on Energy and Agricultural Taxation of the Committee on Finance, United States Senate, Ninety-seventh Congress, First Session, on S. 307, S. 448, S. 498, and S. 725, June 8, 1981 |
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active solar AGRICULTURAL TAXATION BAPTIST CHILDREN'S VILLAGE building bus operator Chairman child care agency Code sec Colorado COMMITTEE ON FINANCE CONGRESS LIBRARY CONGRESS THE LIBRARY conventional cost is eligible Credit for Passive ENERGY AND AGRICULTURAL energy conservation energy efficient energy savings Energy Tax Act energy tax credit excise tax exempt expenditures glazing heating load home builders hydrogenation incentive income incorporate passive solar insulation Internal Revenue Code kerogen legislation LIBRARY OF CONGRES LIBRARY OF CONGRESS Malcolm Wallop masonry million NAHB National Association oil shale organization passive solar construction passive solar design passive solar energy passive solar homes passive solar system passive solar tax percent present law qualify renewable energy residential child residential unit Senator WALLOP shale oil equipment solar collection area solar energy system solar heating solar tax credit Starr Commonwealth storage mass SUBCOMMITTEE ON ENERGY upgrading WINDFALL PROFITS TAX
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Page 28 - There is hereby imposed a tax of 4 cents a gallon upon benzol, benzene, naphtha, liquefied petroleum gas, casinghead and natural gasoline, or any other liquid (other than kerosene, gas oil, or fuel oil, or any product taxable under section 4081 or subsection (a) of this section...
Page 31 - For purposes of subparagraph (A), the term "subsidized energy financing" means financing provided under a Federal, State, or local program a principal purpose of which is to provide subsidized financing for projects designed to conserve or produce energy.
Page 26 - school bus' means any automobile bus substantially all the use of which is in transporting students and employees of schools. For purposes of the preceding sentence, the term 'school' means an educational organization which normally maintains a regular faculty and curriculum and normally has a regularly enrolled body of pupils or students in attendance at the place where its educational activities are carried on.
Page 30 - ... (B) Renewable energy source expenditures In the case of renewable energy source expenditures in connection with the construction or reconstruction of a dwelling, such expenditures shall be treated as made when the original use of the constructed or reconstructed dwelling by the taxpayer begins. (C) Amount The amount of any expenditure shall be the cost thereof. (D) Allocation in certain cases If less than 80 percent of the use of an item is for nonbusiness residential purposes, only that portion...
Page 26 - ... (3) an organization which normally receives a substantial part of Its support (exclusive of income received in the exercise or performance by such organization of its charitable, educational, or other purpose or function constituting the basis for its exemption under section 501 (a) ) from the United States or any State or political subdivision thereof or from direct or indirect contributions from the general public...
Page 70 - I would like to thank you and the members of this committee for the opportunity to testify on the measures presently under consideration.
Page 26 - State or political subdivision thereof or from direct or indirect contributions from the general public, and which is organized and operated exclusively to receive, hold, invest, and administer property and to make expenditures to or for the benefit of a college or university...
Page 152 - OIL SHALE IS A SEDIMENTARY ROCK CONTAINING A SOLID ORGANIC MATERIAL CALLED KEROGEN.
Page 27 - ... interest were dedicated on January 21, 1980, and at all times thereafter before the last day of the taxable period, to the organization described in paragraph (l)(A)(i). (c) Front-end tertiary oil. — (1) Exemption for tertiary projects of independents. — For purposes of this chapter, the term "exempt front-end oil...
Page 67 - Amtrak combined. Fourth, the intercity bus industry has emerged as a very important factor in maintaining the economic welfare of the travel and tourism industry, an activity that accounts for $128 billion in our national economy. Tourism is the first, second or third largest industry of at least 40 states. Economists predict that by the year 2000 travel and tourism will be the largest industry in the world. Bus transportation has been a critical lifeline for this industry in many cases, and the...