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.

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Related Legislation

• H.R. 4209To amend the Internal Revenue Code of 1986 to suspend for an additional year the taxable income limit on percentage depletion for oil and natural gas from marginal wells.

  2009-12-03Referred to the House Committee on Ways and Means.

  Related
• S. 289A 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.

  2009-01-21Read twice and referred to the Committee on Finance.

  Related

Legislative Actions

1. 2009-01-21

   Introduced in House

2. 2009-01-21

   Introduced in House

3. 2009-01-21

   Referred to the House Committee on Ways and Means.