S. 2217 · 110th Congress
A bill to amend the Internal Revenue Code of 1986 to extend the taxable income limit on percentage depletion for oil and natural gas produced from marginal properties.
- Stage
- Introduced
- Sponsor
- Jim Inhofe
- Introduced
- 2007-10-23
- Latest action
- 2007-10-24 · Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 440.
Subjects
Taxation
Energy
Income tax
Natural gas
Depletion allowances
Oil well drilling