S. 1350Senate113th Congress (2013-2015)In Committee

Mayflower Oil Spill Tax Relief Act of 2013

Introduced July 24, 2013

Legislative Activity

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2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5909)

July 24, 2013

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SenateIntro Referral

Introduced in Senate

July 24, 2013

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S5908-5909)

July 24, 2013

SenateIntro Referral

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5909)

July 24, 2013

Floor Debate

3 members

What members said about S. 1350 on the floor

1 Republican2 Democrats
John D. Rockefeller IV
Sen. John D. Rockefeller IVD-WV · Jul 24, 2013

Mr. President, the cybersecurity legislation Senator Thune and I introduce today is built upon several years of bipartisan hard work on the Senate Commerce, Science, and Transportation Committee. I…

John Boozman
Sen. John BoozmanR-AR · Jul 24, 2013

Mr. President, on March 29, 2013, the ExxonMobil pipeline ruptured spilling an estimated 147,000 gallons of oil into Mayflower, Arkansas. Victims of this oil spill are rightfully being compensated by…

John Boozman
Sen. John BoozmanR-AR · Jul 24, 2013

Mr. President, on March 29, 2013, the ExxonMobil pipeline ruptured spilling an estimated 147,000 gallons of oil into Mayflower, Arkansas. Victims of this oil spill are rightfully being compensated by…

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Jul 24, 2013

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Bill Text

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Introduced in SenateIssued July 24, 2013

II

113th CONGRESS

1st Session

S. 1350

IN THE SENATE OF THE UNITED STATES

July 24, 2013

Mr. Boozman (for himself and Mr. Pryor) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To exclude from gross income compensation provided for victims of the March 29, 2013, pipeline oil spill in Mayflower, Arkansas.

1.

Short title

This Act may be cited as the Mayflower Oil Spill Tax Relief Act of 2013.

2.

Mayflower, Arkansas, oil spill compensation excluded from gross income

For purposes of the Internal Revenue Code of 1986—

(1)

the March 29, 2013, pipeline rupture and oil spill in Mayflower, Arkansas, shall be treated as a qualified disaster under section 139(c) of such Code, and

(2)

any compensation provided to or for the benefit of a victim of such disaster shall be treated as a qualified disaster relief payment under section 139(b) of such Code.