Skip to main content
HR 2367 99th Congress Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that percentage depletion shall not be allowable for lease bonuses, advance royalties, or similar payments with respect to oil and gas…

Show full title

A bill to amend the Internal Revenue Code of 1954 to provide that percentage depletion shall not be allowable for lease bonuses, advance royalties, or similar payments with respect to oil and gas properties.

Introduced: May 6, 1985 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
  We don't have the full action history for this bill yet. Check back soon.
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2367: A bill to amend the Internal Revenue Code of 1954 to provide that percentage depletion shall not be allowable for lease bonuses, advance royalties, or similar payments with respect to oil and gas properties.. 99th Congress. Open America. https://openamerica.io/bill/99-HR-2367/
MLA
"H.R. 2367: A bill to amend the Internal Revenue Code of 1954 to provide that percentage depletion shall not be allowable for lease bonuses, advance royalties, or similar payments with respect to oil and gas properties.." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-HR-2367/.
Bluebook (legal)
H.R. 2367, 99th Cong. (2026), https://openamerica.io/bill/99-HR-2367/.
Markdown link
[H.R. 2367: A bill to amend the Internal Revenue Code of 1954 to provide that percentage depletion shall not be allowable for lease bonuses, advance royalties, or similar payments with respect to oil and gas properties.](https://openamerica.io/bill/99-HR-2367/)
Report a problem