H.R.2184: End Oil and Gas Tax Subsidies Act of 2021

About This Bill

Bill Version

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

There is one statement associated with H.R.2184.

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.)

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