United States · Bill · HR
H.R. 12134 (93rd)
A bill to increase the natural resources depletion allowance for income tax purposes on oil and gas wells, coal and lignite deposits in the United States.
Introduced
21 December 1973
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Provides, for income tax purposes, a 44 percent depletion rate on oil and gas wells, and a 20 percent depletion rate on lignite deposits in the United States.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 21 December 1973
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/house-bill/12134
- Open data entity: https://api.congress.gov/v3/bill/93/hr/12134