Summary: S.1217 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.1217. Bill summaries are authored by CRS.

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Introduced in Senate (04/11/2019)

This bill modifies the tax requirements for certain oil and gas companies to eliminate the taxable income limitation on the percentage depletion allowance for oil and natural gas produced from marginal properties.