United States · Bill · HR
H.R. 497 (106th)
Emergency Oil and Gas Recovery Act
Introduced
2 February 1999
Last action
2 February 1999 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Thornberry, Mac [R-TX-13], Rep. Bonilla, Henry [R-TX-23], Rep. Hall, Ralph M. [R-TX-4], Rep. Combest, Larry [R-TX-19], Rep. John, Christopher [D-LA-7], Rep. Ney, Robert W. [R-OH-18], Rep. Sandlin, Max [D-TX-1], Rep. Lucas, Frank D. [R-OK-3], Rep. Bentsen, Ken [D-TX-25], Rep. Stenholm, Charles W. [D-TX-17]
Subjects
Taxation
Source updated
20 August 2025
Summary
Emergency Oil and Gas Recovery Act - Amends the Internal Revenue Code to exclude from gross income (if so elected by the taxpayer) income attributable to independent producer oil from a recovered inactive well. Includes both oil and natural gas in the definition of "independent producer oil." Prohibits deductions directly connected with amounts so excluded.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
2 February 1999
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
2 February 1999
Introduced
Introduced in House
Source: IntroReferral
2 February 1999
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 2 February 1999 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 2 February 1999
Introduced in House (PDF)
Introduced in House · EN · 2 February 1999
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Introduced in House
summary · EN · 2 February 1999
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Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Thornberry, Mac [R-TX-13] · R · Sponsor
- Rep. Bonilla, Henry [R-TX-23] · R · Cosponsor
- Rep. Hall, Ralph M. [R-TX-4] · D · Cosponsor
- Rep. Combest, Larry [R-TX-19] · R · Cosponsor
- Rep. John, Christopher [D-LA-7] · D · Cosponsor
- Rep. Ney, Robert W. [R-OH-18] · R · Cosponsor
- Rep. Sandlin, Max [D-TX-1] · D · Cosponsor
- Rep. Lucas, Frank D. [R-OK-3] · R · Cosponsor
- Rep. Bentsen, Ken [D-TX-25] · D · Cosponsor
- Rep. Stenholm, Charles W. [D-TX-17] · D · Cosponsor
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/106th-congress/house-bill/497
- Open data entity: https://api.congress.gov/v3/bill/106/hr/497
- us · 106-hr-497 · source updated 20 August 2025