s 6 44173 1179979200 false 1179979200 1504 347 110 300091

5/24/2007--Introduced.<br/>Requires major integrated oil companies (i.e., companies with annual gross receipts over $1 billion and average daily worldwide production of crude oil of at least 500,000 barrels) to revalue their LIFO inventories of crude oil, natural gas, or any other petroleum product according to a specified formula. Exempts such companies from any penalties for underpayment of estimated tax resulting from the revaluation of their LIFO inventories.<br/>

1179979200 2007-05-24 Fri Nov 07 15:30:58 -0600 2008 introduced 44173 'oil':11 'bill':2 'lifo':6 'major':9 'integr':10 'revalu':4 'compani':12 'inventori':7 47055 official introduced 44173 1179979200 Thu May 24 00:00:00 -0500 2007 114177 S000663 1947-02-21 8901 154 Russell Senate Office Building http://snowe.senate.gov/webform.htm 202-224-1946 Olympia 'r':4 'sen':1 'snow':3,7,9 'olympia':2,6,8 F 300091 Snowe Olympia_Snowe J. Sen. Olympia Snowe [R, ME] 3622 N00000480 16257 Republican 202-224-5344 Greek Orthodox ME Olympia Snowe 2.54918032786885 http://snowe.senate.gov/ introduced 44173 1179979200 Thu May 24 00:00:00 -0500 2007 114177 action 44173 1179979200 Thu May 24 00:00:00 -0500 2007 114178 Read twice and referred to the Committee on Finance.