A bill to terminate percentage depletion for oil and gas wells.

Summary

Eliminates the percentage depletion allowance presently permitted under the Internal Revenue Code for oil and gas wells.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 24 April 1975

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 24 April 1975

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 24 April 1975

  Open at official source

Sponsors

• Sen. Hathaway, William D. [D-ME] · D · Sponsor
• · ssfi00 · Standing

Related records

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