Bill Title: 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.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2019-04-11 - Read twice and referred to the Committee on Finance. [SB1217 Detail]

Text: Latest bill text (Introduced) [PDF]

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