Tracey Mann (R-KS)
Protecting America’s Small Oil and Gas Producers and Rural Jobs Act
A Republican bill with 12 Republican cosponsors · See all 12 cosponsors
Last activity — Referred to the House Committee on Ways and Means.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, known as the "Protecting America's Small Oil and Gas Producers and Rural Jobs Act," aims to amend the Internal Revenue Code of 1986. It specifically targets the modification of certain percentage depletion rules related to oil and gas wells. The legislation adjusts how the applicable percentage is calculated for marginal properties and introduces a Producer Price Index adjustment. Additionally, it removes certain taxable income limitations for these properties. The bill also changes the depletable oil quantity calculation. These changes are intended to take effect for taxable years beginning after December 31, 2026.
Yes· 3 of 7
- Scored +6
Does this cut taxes for small businesses?
The bill reduces the tax burden on small oil and gas producers by modifying depletion allowances and removing taxable income limitations.
- Scored +6
Does this make it easier to run a small business?
The bill provides direct tax relief mechanisms specifically targeted at marginal properties, which are typically operated by smaller producers.
- Scored +6
Would business owners be better off under this?
Business owners in the oil and gas industry benefit from the increased depletion allowances and removal of income limitations.
The opposite
- Scored -2
Does this reduce how much oil, gas and coal is produced?
The bill incentivizes fossil fuel production by increasing depletion allowances for oil and gas wells.
Who it would affect, and how
Potential Positive Impacts for People
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Modified Percentage Depletion Rate Calculation: This section modifies the calculation of the applicable percentage for marginal properties by setting a base of 15 percent plus an additional percentage point for every whole dollar that the reference price for crude oil exceeds $70 (Section 2(a)).
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PPI Adjustment: For taxable years beginning after 2027, the $70 amount used in the calculation can be increased based on a PPI adjustment factor, which is linked to the Producer Price Index for Drilling Oil and Gas Wells (Section 2(a)).
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Removal of Taxable Income Limitation: The bill prevents certain taxable income limitations from applying to the depletion allowance for marginal properties, which modifies how the allowance is determined (Section 2(b)).
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Increased Depletable Oil Quantity: The calculation for depletable oil quantity is modified by increasing the amount from 1,000 barrels to 2,000 barrels (Section 2(c)).
Potential Negative Impacts for People
- No specific negative impacts or burdens are explicitly detailed within the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Economy And Finance
- Does this make it easier to run a small business? — The bill provides direct tax relief mechanisms specifically targeted at marginal properties, which are typically operated by smaller producers. Does this cut taxes for small businesses? — The bill reduces the tax burden on small oil and gas producers by modifying depletion allowances and removing taxable income limitations. Is this likely to grow the economy? — The tax adjustments for the oil and gas industry are intended to support production and economic activity in those sectors. Is this likely to create jobs? — By providing tax relief to oil and gas producers, the bill may encourage increased production and subsequent employment in those sectors.
- Demographic And Interest Groups
- Would business owners be better off under this? — Business owners in the oil and gas industry benefit from the increased depletion allowances and removal of income limitations. Would people in rural areas be better off under this? — The bill aims to protect jobs in rural areas by supporting the oil and gas production that often drives those local economies. Would farmers be better off under this? — The bill may indirectly benefit rural communities where agricultural and energy production often coexist.
- Environment Energy And Infrastructure
- Does this reduce how much oil, gas and coal is produced? — The bill incentivizes fossil fuel production by increasing depletion allowances for oil and gas wells.
- 8/31/2026
- 2 Cosponsors added.
- 7/20/2026
- 1 Cosponsor added.
- 7/16/2026
- 1 Cosponsor added.
- 7/14/2026
- 1 Cosponsor added.
- 4/30/2026
- 1 Cosponsor added.
- 4/28/2026
- 1 Cosponsor added.
- 4/20/2026
- 1 Cosponsor added.
- 4/13/2026
- 1 Cosponsor added.
- 3/20/2026
- Referred to the House Committee on Ways and Means.
- 3 Cosponsors added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Lauren BoebertRepublican · Colorado
Mike CareyRepublican · Ohio
Ron EstesRepublican · Kansas
Pat FallonRepublican · Texas
Vince FongRepublican · California
Kevin HernRepublican · Oklahoma
Mike KellyRepublican · Pennsylvania
David KustoffRepublican · Tennessee
Tom McClintockRepublican · California
Nathaniel MoranRepublican · Texas
August PflugerRepublican · Texas
Derek SchmidtRepublican · Kansas