Code · BILL · 113th Congress · H.R. 2956 (Introduced in House) — To eliminate unnecessary oil tax credits and subsidies for major oil companies to reduce the national debt. · Sec. 111

Sec. 111. Repeal of outer Continental Shelf deep water and deep gas royalty relief

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Sections 344 and 345 of the Energy Policy Act of 2005 (42 U.S.C. 15904, 15905) are repealed. The repeal under subsection

(a)shall not affect the application of the repealed sections with respect to any lease sale for which a notice of sale is published before the date of enactment of this Act.

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U.S. Code

Incentives for natural gas production from deep wells in the shallow waters of the Gulf of Mexico
§ 15904

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Sec. 111

Repeal of outer Continental Shelf deep water and deep gas royalty relief

U.S.C.§ 15904

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