3.0.0 1087 2023-01-11T13:19:00Z 2023-01-11T13:19:00Z Senate S S 2009-05-20 111 ssfi00 Finance Committee Senate Standing Referred to 2009-05-20T16:53:23Z 2009-05-20 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2009-05-20 Sponsor introductory remarks on measure. (CR S5703-5704) IntroReferral B00100 9 Library of Congress 2009-05-20 Introduced in Senate IntroReferral 10000 9 Library of Congress K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES N Taxation Income tax credits Income tax deductions Oil and gas Taxation

00 2009-05-20 Introduced in Senate 2009-06-12T19:34:30Z Energy Fairness for America Act - Amends the Internal Revenue Code to: (1) deny a tax deduction for income attributable to the domestic production of oil, natural gas, or related products; (2) terminate the tax credit for producing crude oil and gas from marginal wells; (3) repeal the exception from passive activity rules for working interests in oil or gas property; (4) extend to seven years the amortization period for geological and geophysical expenditures; (5) terminate the tax deduction for intangible drilling and development costs; and (6) terminate the percentage depletion allowance for oil and gas wells.

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Display Title Official Title as Introduced Introduced in Senate IS Short Titles as Introduced Introduced in Senate 2009-05-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s1087is/xml/BILLS-111s1087is.xml 2009-05-20 Read twice and referred to the Committee on Finance. text/xml EN 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. Congressional Research Service, Library of Congress 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.