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United States · Bill · S

S. 2211 (102nd)

A bill to amend the Internal Revenue Code of 1986 to eliminate tax penalties that apply to oil and gas investments, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

6 February 1992

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends the Internal Revenue Code to eliminate intangible drilling costs and percentage depletion as tax preference items for independent producers of oil and gas properties.

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Votes

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Versions

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Documents

2 official files

Introduced in Senate (text)

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Sources

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