To amend the Internal Revenue Code of 1986 to provide for oil and natural gas well remediation and restoration accounts, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide for oil and natural gas well remediation and restoration accounts, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers. The main policy domain is Energy, Finance, Labor.
Who Benefits and How
energy producers, utilities, and energy consumers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, energy producers, utilities, and energy consumers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section S1: 1. Short title This Act may be cited as the Small Energy Producers Performance Enhancement Act.
- Section id44d7007958e242cdb71f09eb57cf1be5: 2. Oil and natural gas well remediation and restoration accounts Part VI of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by adding...
- Section id038912e668d7404490db7905e07cf8c8: 199B. Oil and natural gas remediation and restoration accounts In the case of an eligible small producer, there shall be allowed as a deduction for the taxable...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide for oil and natural gas well remediation and restoration accounts, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.
Key Policy Areas
Energy, Finance, Labor
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide for oil and natural gas well remediation and restoration accounts, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.
Policy Domains
Whole bill
Identified Gains
- energy producers, utilities, and energy consumers
Identified Costs
- federal implementing agencies
- energy producers, utilities, and energy consumers
Sponsors
Legislative Progress
IntroducedMr. Marshall (for himself and Mr. Lankford) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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