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Searching...- Bills
- H.R.1648
H.R.1648: National Energy Security Act of 1997
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced May 15, 1997
- Latest Major Action May 15, 1997
Bill Sponsor
Bill Cosponsors
6 (2 Democrats, 5 Republicans)
Bill Summary
National Energy Security Act of 1997 - Amends the Internal Revenue Code to repeal provisions relating to a limitation regarding the percentage depletion in the case of oil and gas wells. Amends provisions relating to an enhanced oil recovery credit to include hydro injection in the definition of "qualified enhanced oil recovery project." Allows an election to treat geological and geophysical expenses incurred in connection with the exploration...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| May 15, 1997 |
Introduced in the House by Wes Watkins (R-Okla.) |