A bill to amend the Internal Revenue Code of 1986 to extend the taxable income limit on percentage depletion for oil and natural gas produced from marginal properties.
Other Bill Titles (1 more) 10/18/2007--Introduced.
Amends the Internal Revenue Code to extend through 2009 the suspension of the taxable income limitation on percentage depletion for oil and natural gas produced from marginal properties.
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Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by Senate | ![]() | Voted on by House | ![]() | Considered By President | ![]() | Bill Becomes Law |
| October 18, 2007 |
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Blog Coverage
October 17, 2007 Bill Action: Introduced: S. 2196: A bill to amend the Internal ...
James Inhofe [R-OK] introduced S. 2196: A bill to amend the Internal Revenue Code of 1986 to extend the taxable income limit on percentage depletion for oil and natural gas produced from marginal properties. ...
October 17, 2007 S. 2196, A bill to amend the Internal Revenue Code of 1986 to ...
S. 2196 would amend the Internal Revenue Code of 1986 to extend the taxable income limit on percentage depletion for oil and natural gas produced from marginal properties....










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