|Code Section||Effective Date||Name of Act||Name of Provision||10yr Revenue Estimate ($millions)|
|613A||12/31/2009||The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010||Suspension of limitation on percentage depletion for oil and gas from marginal wells||-224|
Suspension of limitation on percentage depletion for oil and gas from marginal wells
Explanation of Provision
The provision extends the suspension of the 100-percent net-income limitation for marginal production for two years (to apply to tax years beginning before January 1, 2012).