# 114-hr-3311: End Oil and Gas Tax Subsidies Act of 2015

114-hr-3311, End Oil and Gas Tax Subsidies Act of 2015, is a 114th Congress bill sponsored by Rep. Blumenauer, Earl [D-OR-3] (D-OR); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3311
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3311
- Congress: 114
- Title: End Oil and Gas Tax Subsidies Act of 2015
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-07-29
- Sponsor: Rep. Blumenauer, Earl [D-OR-3] (D-OR)
- Cosponsors: 21
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

End Oil and Gas Tax Subsidies Act of 2015 This bill amends the Internal Revenue Code to: increase to seven years the amortization period for geological and geophysical expenditures; repeal the tax credits for producing oil and gas from marginal wells and for enhanced oil recovery; repeal the tax deduction for the intangible drilling and development costs of oil and gas wells; repeal percentage depletion for oil and gas wells; repeal the tax deduction for tertiary injectant expenses; repeal the passive loss exception for working interests in oil and gas property; deny the tax deduction for income attributable to domestic production activities for oil and gas activities; prohibit the use of the last-in, first-out (LIFO) accounting method by major integrated oil companies; and limit the foreign tax credit for dual capacity taxpayers (i.e., taxpayers who are subject to a levy of a foreign country or U.S. possession and receive specific economic benefits from such country or possession).

## Cosponsors (21)

- JOHN CONYERS (D-MI), 2015-07-29T00:00:00.000Z
- Rep. Polis, Jared [D-CO-2] (D-CO), 2015-07-29T00:00:00.000Z
- Rep. DeLauro, Rosa L. [D-CT-3] (D-CT), 2015-07-29T00:00:00.000Z
- Rep. Langevin, James R. [D-RI-2] (D-RI), 2015-07-29T00:00:00.000Z
- LOIS CAPPS (D-CA), 2015-07-29T00:00:00.000Z
- CHARLES RANGEL (D-NY), 2015-07-29T00:00:00.000Z
- Rep. Huffman, Jared [D-CA-2] (D-CA), 2015-07-29T00:00:00.000Z
- Rep. Pocan, Mark [D-WI-2] (D-WI), 2015-07-29T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2015-07-29T00:00:00.000Z
- Sen. Welch, Peter [D-VT] (D-VT), 2015-07-29T00:00:00.000Z
- Rep. Tsongas, Niki [D-MA-3] (D-MA), 2015-07-29T00:00:00.000Z
- MICHAEL HONDA (D-CA), 2015-07-29T00:00:00.000Z
- JIM MCDERMOTT (D-WA), 2015-07-29T00:00:00.000Z
- Rep. Edwards, Donna F. [D-MD-4] (D-MD), 2015-07-29T00:00:00.000Z
- Rep. McCollum, Betty [D-MN-4] (D-MN), 2015-07-29T00:00:00.000Z
- Rep. Cicilline, David N. [D-RI-1] (D-RI), 2015-07-29T00:00:00.000Z
- Rep. McGovern, James P. [D-MA-2] (D-MA), 2015-07-29T00:00:00.000Z
- Sen. Van Hollen, Chris [D-MD] (D-MD), 2015-07-29T00:00:00.000Z
- Rep. Lieu, Ted [D-CA-36] (D-CA), 2015-07-29T00:00:00.000Z
- Rep. Pascrell, Bill, Jr. [D-NJ-9] (D-NJ), 2015-07-29T00:00:00.000Z
- LOUISE SLAUGHTER (D-NY), 2015-09-11T00:00:00.000Z

## Related bills

- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 114-hr-4479: Families of Flint Act
- 114-hr-3381: Childhood Cancer STAR Act
- 114-hr-3268: PAST Act
- 114-hr-3185: Equality Act

## Sources
- [114-hr-3311 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3311)

## Related
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [114-hr-4479: Families of Flint Act](https://policyrisk.com/legislation/114-hr-4479)
- [114-hr-3381: Childhood Cancer STAR Act](https://policyrisk.com/legislation/114-hr-3381)
- [114-hr-3268: PAST Act](https://policyrisk.com/legislation/114-hr-3268)
- [114-hr-3185: Equality Act](https://policyrisk.com/legislation/114-hr-3185)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3311 (as of 2025-11-18).