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- S.1929
S.1929: United States Energy Economic Growth Act
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced April 2, 1998
- Latest Major Action April 2, 1998
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
10 (2 Democrats, 9 Republicans)
Bill Summary
TABLE OF CONTENTS: Title I: Production From Marginal and Inactive Wells Title II: Other Incentives United States Energy Economic Growth Act - Title I: Production From Marginal and Inactive Wells - Amends the Internal Revenue Code to allow a tax credit for marginal domestic oil and natural gas well production during any taxable year in the amount of $3 per barrel of qualified crude oil production and 50 cents per 1,000 cubic feet of qualified...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| April 2, 1998 |
Introduced in the Senate by Kay Bailey Hutchison (R-Texas) |