S. 2265 — Marginal Well Preservation Act of 2000

Summary

Marginal Well Preservation Act of 2000 - Amends the Internal Revenue Code to set forth provisions relating to domestic oil and gas production which: (1) establish a credit for producing oil and gas from marginal wells; and (2) permit a taxpayer to expense geological and geophysical expenditures and to delay rental payments in connection with oil and gas development.

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Legislative Actions

2000-03-21
Introduced in Senate
2000-03-21
Sponsor introductory remarks on measure. (CR S1522-1523)
2000-03-21
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1523-1524)

Marginal Well Preservation Act of 2000

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Summary

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