Comments: US SB1007 | 2011-2012 | 112th Congress

Bill 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.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2011-05-18 - Sponsor introductory remarks on measure. (CR S3107) [SB1007 Detail]

Text: Latest bill text (Introduced) [PDF]

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