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  <version>3.0.0</version>
  <bill>
    <number>280</number>
    <updateDate>2019-11-15T21:52:33Z</updateDate>
    <updateDateIncludingText>2019-11-15T21:52:33Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2005-02-03</introducedDate>
    <congress>109</congress>
    <committees>
      <item>
        <systemCode>ssfi00</systemCode>
        <name>Finance Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2005-02-03T20:49:43Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2005-02-03</actionDate>
        <committees>
          <item>
            <systemCode>ssfi00</systemCode>
            <name>Finance Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S984)</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2005-02-03</actionDate>
        <text>Sponsor introductory remarks on measure. (CR S984)</text>
        <type>IntroReferral</type>
        <actionCode>B00100</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2005-02-03</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>H001016</bioguideId>
        <fullName>Sen. Hutchison, Kay Bailey [R-TX]</fullName>
        <firstName>KAY</firstName>
        <lastName>HUTCHISON</lastName>
        <party>R</party>
        <state>TX</state>
        <middleName>BAILEY</middleName>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Commerce</name>
        </item>
        <item>
          <name>Continental shelf</name>
        </item>
        <item>
          <name>Depreciation and amortization</name>
        </item>
        <item>
          <name>Energy</name>
        </item>
        <item>
          <name>Gas in submerged lands</name>
        </item>
        <item>
          <name>Gas industry</name>
        </item>
        <item>
          <name>Geology</name>
        </item>
        <item>
          <name>Geophysical prediction</name>
        </item>
        <item>
          <name>Income tax</name>
        </item>
        <item>
          <name>Marine and coastal resources, fisheries</name>
        </item>
        <item>
          <name>Oil well drilling</name>
        </item>
        <item>
          <name>Petroleum in submerged lands</name>
        </item>
        <item>
          <name>Petroleum industry</name>
        </item>
        <item>
          <name>Prospecting</name>
        </item>
        <item>
          <name>Public Lands and Natural Resources</name>
        </item>
        <item>
          <name>Rent</name>
        </item>
        <item>
          <name>Submarine oil well drilling</name>
        </item>
        <item>
          <name>Tax deductions</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2005-02-03</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2005-02-14T21:05:59Z</updateDate>
        <text><![CDATA[ <p>Amends the Internal Revenue Code to allow the amortization, over a 24-month period, of: (1) delay rental payments for the development of oil or gas wells in the United States; and (2) geological and geophysical expenses incurred in the exploration for, or development of, oil or gas in the United States.</p>]]></text>
      </summary>
    </summaries>
    <title>A bill to amend the Internal Revenue Code of 1986 to provide for the amortization of delay rental payments and geological and geophysical expenditures.</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>A bill to amend the Internal Revenue Code of 1986 to provide for the amortization of delay rental payments and geological and geophysical expenditures.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend the Internal Revenue Code of 1986 to provide for the amortization of delay rental payments and geological and geophysical expenditures.</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in Senate</type>
        <date>2005-02-03T05:00:00Z</date>
        <formats/>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2005-02-03</actionDate>
      <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S984)</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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