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Campaign Finance > Christmas Tree Bill
The following information is about Christmas Tree Bill.
Christmas Tree Bill Defined
A piece of legislation that includes an assortment of special provisions -- e.g., tax breaks, subsidies, regulatory exemptions -- often incorporated in the bill for the benefit of lawmakers' campaign contributors. One such provision, contained in the 1986 Tax Reform Act, granted a tax exemption to a single company (Phillips Petroleum) identified only as a "corporation incorporated on June 13, 1917, which has its principal place of business in Bartlesville, Oklahoma."
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