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- H.R.2184
H.R.2184: End Oil and Gas Tax Subsidies Act of 2021
About This Bill
- Introduced March 26, 2021
- Latest Major Action March 26, 2021
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
45 (All Democrats)
Bill Version
- Introduced in House - March 26, 2021
Bill Summary
End Oil and Gas Tax Subsidies Act of 2021 This bill limits or repeals certain fossil fuel oil and gas subsidies for oil companies. Specifically, it increases to seven years the amortization period for geological and geophysical expenditures; repeals the tax credits for producing oil and gas from marginal wells and for enhanced oil recovery; repeals the tax deduction for the intangible drilling and development costs of oil and gas wells; ...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
March 26, 2021 |
Referred to the House Committee on Ways and Means.
|
March 26, 2021 |
Introduced in the House by Earl Blumenauer (D-Ore.) |