American Energy Independence and Tax Fairness Act Legislation by Sen. Heinrich Analyzed
Bill Intros-Senate
Copyright © Targeted News Service, 2026
Copyright © Targeted News Service, 2026
2026-08-14
Bailey Malota
WASHINGTON, Aug. 14 -- The American Energy Independence and Tax Fairness Act, originally introduced by Sen. Martin Heinrich, D-New Mexico, on August 6, 2026, has been analyzed by the Congressional Research Service. The bill aims to amend the Internal Revenue Code to include foreign oil and gas extraction income as part of net controlled foreign corporation (CFC) tested income, while also incorporating income derived from the extraction of minerals from oil shale and tar sands into existing defin . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, Aug. 14 -- The American Energy Independence and Tax Fairness Act, originally introduced by Sen. Martin Heinrich, D-New Mexico, on August 6, 2026, has been analyzed by the Congressional Research Service. The bill aims to amend the Internal Revenue Code to include foreign oil and gas extraction income as part of net controlled foreign corporation (CFC) tested income, while also incorporating income derived from the extraction of minerals from oil shale and tar sands into existing defin . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com