H.R.5300: Energy Fairness for America Act

About This Bill

Bill Summary

Energy Fairness for America Act - Amends the Internal Revenue Code to terminate: (1) the tax deduction for oil and gas intangible drilling and development costs; (2) the percentage depletion allowance for oil and gas wells; and (3) the tax credit for enhanced oil recovery costs. Repeals provisions of the Energy Policy Act of 2005 relating to: (1) oil and gas royalties in-kind; (2) marginal property production incentives; (3) incentives for...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Ways and Means, and in addition to the Committees on Resources, and Science, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Ways and Means
Referred to House Resources
Referred to House Science
Executive Comment Requested from Interior.
Referred to the Subcommittee on Energy and Mineral Resources.
Referred to the Subcommittee on Energy.
May 4, 2006

Introduced in the House by Maurice D. Hinchey (D-N.Y.)

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