SB224Introduced in the Senate
Promoting Domestic Energy Production Act
Introduced by James Lankford, District OK
What does this bill do?
Plain-English breakdown
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Official description
A bill to amend the Internal Revenue Code of 1986 to allow intangible drilling and development costs to be taken into account when computing adjusted financial statement income.
Where it stands
Read twice and referred to the Committee on Finance.
January 23, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Read twice and referred to the Committee on Finance.
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