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United States · Bill · HR

H.R. 503 (108th)

To amend the Internal Revenue Code of 1986 to allow a credit for the production of oil and gas from domestic marginal wells and to extend the credit for alternative fuels.

referredUnited States· United States Congress· EN

Introduced

29 January 2003

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Amends the Internal Revenue Code to establish a credit for producing oil and gas from marginal wells. Extends, by five years, the credit for producing fuel from a nonconventional source.

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Documents

3 official files

Introduced in House (text)

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