Senate bill · S. 4604 (119th Congress)
Protecting America’s Small Oil and Gas Producers and Rural Jobs Act
U.S. Senate
Sponsor: Roger Marshall (U.S. Senator for Kansas, 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 the percentage depletion rate formula for marginal oil and gas wells under the tax code, adjusting the applicable percentage based on a formula tied to crude oil reference prices, with the rate capped at 25%.
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Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Senate Committee on Finance · U.S. Senate
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Cosponsors
7
Cosponsors listed on Congress.gov, shown A to Z.
- Republican7
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Related bills
As identified by Congress.gov.
Full history
- May 20, 2026
Introduced
Introduced in U.S. Senate
U.S. Senate
- May 20, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- May 20, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- May 20, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.