A bill to amend the Internal Revenue Code of 1954 to provide that the credit for producing natural gas from a nonconventional source shall apply only to natural gas sold at a lawful price which is neither an uncontrolled price nor an incentive price.

Amends the Internal Revenue Code to specify that the income tax credit for the production of natural gas from nonconventional sources shall apply to natural gas sold during the taxable year only if such gas is sold at a lawful price which is determined without regard to ceiling prices under the Natural Gas Policy Act of 1978.