Pub. L. 111-312, tit. VII, subtit. A, sec. 706

SUSPENSION OF LIMITATION ON PERCENTAGE DEPLETION FOR OIL AND GAS FROM MARGINAL WELLS.

EnactedYear: 2010Length: 52 wordsOfficial source
SEC. 706. SUSPENSION OF LIMITATION ON PERCENTAGE DEPLETION FOR OIL AND GAS FROM MARGINAL WELLS.(a) In General.—Clause (ii) of section 613A(c)(6)(H) is amended by striking “January 1, 2010” and inserting “January 1, 2012”.124 STAT. 3312(b) Effective Date.—The amendment made by this section shall apply to taxable years beginning after December 31, 2009.
Pub. L. 111-312, tit. VII, subtit. A, sec. 706: SUSPENSION OF LIMITATION ON PERCENTAGE DEPLETION FOR OIL AND GAS FROM MARGINAL WELLS. | Justis AI