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H.R. 503

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to allow a credit for the production of oil and gas from domestic marginal wells and to extend the credit for alternative fuels.
About This Bill
Committee
Latest Action · January 29, 2003
Referred to the House Committee on Ways and Means.
Congress
108th (2003–2005)
Introduced
January 29, 2003
Cosponsors (14)
5D 9R
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Summary

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Amends the Internal Revenue Code to establish a credit for producing oil and gas from marginal wells.Extends, by five years, the credit for producing fuel from a nonconventional source.

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