Support legislation to modify percentage depletion rules for oil and gas wells to help small oil and gas producers and rural jobs.

Ron Estes · Kansas · Republican

policy impact 0.56 specificity 0.84 extraction confidence 94%

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Occurrences

Evidence

Congress.gov bill text lists Ron Estes among the members for whom H.R.5073 was introduced. The bill would amend the Internal Revenue Code to account for intangible drilling and development costs and depletion expense in adjusted financial statement income. Congress.gov lists the bill's latest action as referral to House Ways and Means and status as introduced.

Estes took concrete legislative action on a related oil-and-gas tax bill, but the bill was not enacted and it addressed intangible drilling/depletion expense rather than clearly modifying percentage depletion rules for small producers.

partial later_term A for effort

Text - H.R.5073 - Promoting Domestic Energy Production Act, 118th Congress
secondary · model gpt-5.5 · confidence 74%

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Assessments

partial later_term A for effort

Estes took a concrete federal legislative step by being associated with H.R.5073, a 118th Congress oil-and-gas tax bill addressing depletion expense and intangible drilling costs. However, the cited bill was only introduced and referred to committee, not enacted, and it does not clearly deliver the specific promised change to percentage depletion rules for small oil and gas producers. This supports credit for effort on a closely related policy area, but not full fulfillment of the promised legislative outcome.

provider codex_cli · model gpt-5.5 · confidence 74%