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HR 503 108th Congress House Taxation Alternative energy sources Commerce Economics and Public Finance Energy Energy prices Gas industry Income tax Indexing (Economic policy) Minimum tax Natural gas Petroleum Petroleum industry Tax administration Tax credits

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.

Introduced: January 29, 2003 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 29, 2003
Referred to the House Committee on Ways and Means.
Jan 29, 2003
Introduced in House
 Plain-English summary Congressional Research Service
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.

What's happening now January 29, 2003

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1