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- H.R.611
H.R.611: Marginal Well Production Preservation and Enhancement Act
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Jan. 21, 2009
- Latest Major Action Jan. 22, 2009
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Marginal Well Production Preservation and Enhancement Act - Amends the Internal Revenue Code to: (1) increase to 27.5% the percentage depletion allowance for domestic crude oil and natural gas production from marginal properties; (2) extend through 2010 the temporary suspension of the taxable income limit with respect to marginal production of crude oil and natural gas; and (3) accelerate to three years the recovery period of qualified...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
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Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Transportation and Infrastructure, 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 Energy and Commerce
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Referred to House Transportation and Infrastructure
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Referred to the Subcommittee on Energy and Environment.
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Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
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Referred to the Subcommittee on Coast Guard and Maritime Transportation.
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Referred to the Subcommittee on Water Resources and Environment.
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Jan. 21, 2009 |
Introduced in the House by Dan Boren (D-Okla.) |