United States · Bill · S
S. 2977 (93rd)
A bill to repeal the deduction of intangible drilling and development costs of oil and gas wells.
Introduced
7 February 1974
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Repeals the deduction allowed under the Internal Revenue Code for the tangible drilling and development costs of oil and gas wells. (Repeals 26 U.S.C. 613 (b) (1) (A))
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 7 February 1974
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/senate-bill/2977
- Open data entity: https://api.congress.gov/v3/bill/93/s/2977