HR 2798 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to eliminate percentage depletion in the case of domestic crude oil.

Introduced 1981-03-24· Sponsored by Rep. Neal, Stephen L. [D-NC-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-03-24)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to repeal the percentage depletion allowance with respect to domestic crude oil.…

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