United States · Bill · S
S. 316 (96th)
Deep Stripper Well Incentives Act of 1979
Introduced
1 February 1979
Last action
—
Status
Referred to Senate Committee on Energy and Natural Resources.
Sponsors
—
Subjects
Discovery layer
Source updated
24 March 2026
Summary
Deep Stripper Well Incentives Act of 1979 - Amends the Emergency Petroleum Allocation Act of 1973 to allow the first sale of deep stripper well crude oil to be exempt from price regulation under such Act. Requires a well to be producing at the maximum feasible rate throughout a 12-month period in order to qualify for such exemption.
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 1 February 1979
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/96th-congress/senate-bill/316
- Open data entity: https://api.congress.gov/v3/bill/96/s/316