Pub. L. 108-311, tit. III, sec. 314

TAXABLE INCOME LIMIT ON PERCENTAGE DEPLETION FOR OIL AND NATURAL GAS PRODUCED FROM MARGINAL PROPERTIES.

EnactedYear: 2004Length: 52 wordsOfficial source
SEC. 314. TAXABLE INCOME LIMIT ON PERCENTAGE DEPLETION FOR OIL AND NATURAL GAS PRODUCED FROM MARGINAL PROPERTIES.(a) In General.—Subparagraph (H) of section 613A(c)(6) is amended by striking “January 1, 2004” and inserting “January 1, 2006”.(b) Effective Date.—The amendment made by subsection (a) shall apply to taxable years beginning after December 31, 2003.
Pub. L. 108-311, tit. III, sec. 314: TAXABLE INCOME LIMIT ON PERCENTAGE DEPLETION FOR OIL AND NATURAL GAS PRODUCED FROM MARGINAL PROPERTIES. | Justis AI