United States · Bill · HR
H.R. 4672 (114th)
To amend the Internal Revenue Code of 1986 to make permanent the exception for marginal production from the taxable income limit on percentage depletion for oil and natural gas wells.
Introduced
2 March 2016
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
This bill 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.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 2 March 2016
Introduced in House (PDF)
Introduced in House · EN · 2 March 2016
Introduced in House
summary · EN · 2 March 2016
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/114th-congress/house-bill/4672
- Open data entity: https://api.congress.gov/v3/bill/114/hr/4672