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United States · Bill · S

S. 2975 (93rd)

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

referredUnited States· United States Congress· EN

Introduced

7 February 1974

Last action

—

Status

Referred to Senate Committee on Finance.

Sponsors

—

Subjects

Discovery layer

Source updated

1 August 2024

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Summary

Terminates percentage depletion for oil and gas wells and oil shale under the Internal Revenue Code. (Amends 26 U.S.C. 613 (b))

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Documents

1 official file

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