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United States · Bill · HR

H.R. 3643 (96th)

Deep Stripper Well Incentives Act of 1979

referredUnited States· United States Congress· EN

Introduced

10 April 1979

Last action

—

Status

Referred to House Committee on Interstate and Foreign Commerce.

Sponsors

—

Subjects

Discovery layer

Source updated

2 September 2025

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Summary

Deep Stripper Well Incentives Act of 1979 - Amends the Emergency Petroleum Allocation Act of 1973 to allow the first sale of deep stripper well crude oil to be exempt from price regulation under such Act. Requires a well to be producing at the maximum feasible rate throughout a 12-month period in order to qualify for such exemption.

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Documents

1 official file

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