Proposed Legislation for Depletion Allowance in Fluorspar Production, 1945-08-27 - 1945-08-27

Item — Box: 5, Folder: 23

Identifier: CAC_CC_047_1_5_23_0002

Scope and Contents

Mr. Schwabe received a letter from Mr. Davis suggesting a permanent fifteen percent depletion allowance in income tax rates for those producing Fluorspar. Schwabe forwarded the suggestion to his secretary in Washington who is working with the Legislative Counsel to prepare a proposed bill to introduce in Congress. The Legislative Counsel is currently preparing the bill and it will be ready for Schwabe to introduce after Congress reconvenes. Schwabe suggests that Davis or others interested in the production of Fluorspar appear before the committee to offer evidence in support of the proposed measure. Schwabe will keep Davis updated on the progress of the bill.

Dates

Creation: 1945-08-27 - 1945-08-27

Creator

From the Collection: Schwabe, George Blaine, U.S. House of Representatives from Oklahoma's 1st district (1951-1952); 8th Speaker of the Oklahoma House of Representatives (1921-1923); Member of the Oklahoma House of Representatives from Nowata County (1919-1923), 1886-1952 (Person)

Language of Materials

From the Collection:

English

Access Restriction

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