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]

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.

Tracking Information

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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


History

DateChamberAction
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.

Subjects


US Congress State Sources


Bill Comments 750

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