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House bill · H.R. 8034 (119th Congress)

Protecting America’s Small Oil and Gas Producers and Rural Jobs Act

U.S. House of Representatives

Latest action Mar 20, 2026

Sponsor: Tracey Mann (U.S. Representative, KS-1, Republican)

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

Would modify how percentage depletion deductions for marginal oil and gas wells are calculated, adjusting the deductible percentage (between 15% and 25%) based on the reference price of crude oil.

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

House Committee on Ways and Means · U.S. House of Representatives

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Cosponsors

10

Cosponsors listed on Congress.gov, shown A to Z.

  • Republican10

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Related bills

As identified by Congress.gov.

Full history

  1. Mar 20, 2026

    Introduced

    Introduced in House

    U.S. House of Representatives

  2. Mar 20, 2026

    Introduced

    Introduced in U.S. House

    U.S. House

  3. Mar 20, 2026

    Referred to committee

    Referred to the House Committee on Ways and Means.

    U.S. House of Representatives

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