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- H.R.586
H.R.586: Energy Fairness for America Act
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced Jan. 19, 2007
- Latest Major Action Feb. 7, 2007
- See the one similar bills introduced in other congresses.
Bill Sponsor
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
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Referred to the Committee on Ways and Means, and in addition to the Committee on Natural Resources, 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.
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Referred to House Ways and Means
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Referred to House Natural Resources
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Referred to the Subcommittee on Energy and Mineral Resources.
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Jan. 19, 2007 |
Introduced in the House by Maurice D. Hinchey (D-N.Y.) |