S. 905 · 110th Congress

A bill to amend the Internal Revenue Code of 1986 to eliminate the taxable income limit on percentage depletion for oil and natural gas produced from marginal properties.

Stage
In committee
Sponsor
Jim Inhofe
Introduced
2007-03-15
Latest action
2007-03-15 · Introduced in Senate

Action history

  1. 2007-03-15Introduced in Senate
  2. 2007-03-15Sponsor introductory remarks on measure.
  3. 2007-03-15Read twice and referred to the Committee on Finance.