US SB289 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 21 2009 - 25% progression, died in chamber
Action: 2009-01-21 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 21 2009 - 25% progression, died in chamber
Action: 2009-01-21 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to make permanent the suspension of the taxable income limitation on percentage depletion for oil and natural gas produced from marginal properties.
Title
A bill to amend the Internal Revenue Code of 1986 to eliminate the taxable income limit on percentage depletion for oil and natural gas produced from marginal properties.
Sponsors
| Sen. Tom Coburn [R-OK] | Sen. James Inhofe [R-OK] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-01-21 | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB617 (Same As) 2009-01-21 - Referred to the House Committee on Ways and Means.
HB871 (Related) 2009-02-04 - Referred to the House Committee on Ways and Means.
HB4209 (Related) 2009-12-03 - Referred to the House Committee on Ways and Means.
HB871 (Related) 2009-02-04 - Referred to the House Committee on Ways and Means.
HB4209 (Related) 2009-12-03 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/289/all-info |
| Text | https://www.congress.gov/111/bills/s289/BILLS-111s289is.pdf |
