United States · Bill · S
S. 280 (109th)
A bill to amend the Internal Revenue Code of 1986 to provide for the amortization of delay rental payments and geological and geophysical expenditures.
Introduced
3 February 2005
Last action
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Status
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S984)
Sponsors
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Subjects
Discovery layer
Source updated
14 January 2025
Summary
Amends the Internal Revenue Code to allow the amortization, over a 24-month period, of: (1) delay rental payments for the development of oil or gas wells in the United States; and (2) geological and geophysical expenses incurred in the exploration for, or development of, oil or gas in the United States.
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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 Senate (text)
Introduced in Senate · EN · 3 February 2005
Introduced in Senate (PDF)
Introduced in Senate · EN · 3 February 2005
Introduced in Senate
summary · EN · 3 February 2005
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/109th-congress/senate-bill/280
- Open data entity: https://api.congress.gov/v3/bill/109/s/280