S 2975 · 93th Congress · Taxation

A bill to terminate percentage depletion for oil and gas wells and oil shale.

Introduced 1974-02-07· Sponsored by Sen. Hathaway, William D. [D-ME]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1974-02-07)

Plain Language Summary

[AI summary unavailable — showing source text] Terminates percentage depletion for oil and gas wells and oil shale under the Internal Revenue Code. (Amends 26 U.S.C. 613 (b))…

Summarized by Claude AI · Non-partisan · For informational purposes only