IV 

111TH CONGRESS 

1ST SESSION H. RES. 393 

Expressing the sense of the House of Representatives that the Obama administration and Congress should end the assault on America’s energy independence by leaving in place domestic energy tax incentives. 

IN THE HOUSE OF REPRESENTATIVES 

APRIL 30, 2009 

Mr. TIAHRT (for himself, Mr. SESSIONS, Mr. FLEMING, Mrs. LUMMIS, and 

Mr. MORAN of Kansas) submitted the following resolution; which was referred to the Committee on Ways and Means 

RESOLUTION 

Expressing the sense of the House of Representatives that 

the Obama administration and Congress should end the 

assault on America’s energy independence by leaving in 

place domestic energy tax incentives. 

Whereas if the Obama administration is serious about helping 

America become more energy independent, then eliminating energy exploration and manufacturing production 

incentives that have been in place since the early 1900s 

is not the answer; 

Whereas President Obama’s fiscal year 2010 budget proposes 

to cut energy production incentives that will make America more dependent on foreign sources of oil; 


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•HRES 393 IH 

Whereas the Obama administration is proposing an assault 

on American energy manufacturing by eliminating the Intangible Drilling and Development Costs (IDC) tax deduction for manufacturers that has been in place since 

1916; 

Whereas according to the Congressional Research Service, the 

IDC tax deduction reduced marginal effective tax rates in 

the oil and gas industries, reduced production costs, and 

increased investments in locating energy reserves; 

Whereas eliminating the IDC tax deduction incentive will 

cripple independent oil and gas producers in America and 

will not lead us closer to energy independence; 

Whereas the Percentage Depletion (PD) tax incentive enacted 

in 1926 is another economic tool that will be eliminated 

under President Obama’s budget proposal; 

Whereas the PD tax incentive enacted in 1926 is not available to integrated major oil companies—it is available 

only for independent producers and royalty owners; 

Whereas eliminating this incentive will cripple independent oil 

and gas producers in America and will not lead America 

closer to energy independence; 

Whereas the Obama administration has proposed eliminating 

the marginal well tax credit that acts as a resource to 

support American energy production; 

Whereas marginal wells account for 20 percent of American 

oil and 12 percent of natural gas; 

Whereas eliminating this energy production incentive has the 

potential to cripple independent oil and gas producers in 

America and will not lead us closer to energy independence; 


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Whereas there are several other pro-American energy provisions that will be eliminated in President Obama’s budget, including the enhanced oil recovery tax credit, geological and geophysical amortization, manufacturing tax deduction, and the excise tax on Gulf of Mexico production; 

Whereas America deserves a comprehensive, bipartisan energy plan that opens up our domestic resources, 

incentivizes the discovery of renewable technologies and 

encourages conservation; 

Whereas this is the policy that will lead America into energy 

independence; 

Whereas Congress should encourage the production of more 

energy using America’s natural resources that utilizes our 

American workforce; 

Whereas we currently have trillions of barrels of oil available 

off our shorelines and on Federal lands; 

Whereas Americans are known for their great ideas and ingenuity; 

Whereas we should harness that tremendous opportunity to 

discover new ways of producing energy that will make us 

more energy independent; 

Whereas we should continue investing in new alternative 

forms of energy; 

Whereas Congress needs to encourage greater energy efficiency by offering conservation tax incentives to Americans who make their home, automobile, and business 

more energy efficient; 

Whereas we can do this by supporting technologies to help increase energy efficiency in all sectors of the American 

economy, including removing bureaucratic regulatory barVerDate Nov 24 2008 03:15 May 01, 2009 Jkt 079200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6300 E:\BILLS\HR393.IH HR393

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•HRES 393 IH 

riers that prevent businesses from upgrading their facilities with newer, more efficient energy technologies; 

Whereas we should not remove economic incentives for America’s oil and natural gas producers and workers that will 

effectively raise taxes on businesses keeping them from 

hiring additional workers; and 

Whereas higher energy tax rates on producers will be passed 

along to consumers and threatens our security by leaving 

us more dependent on foreign nations for our energy 

needs: Now, therefore, be it 

1 Resolved, That it is the sense of the House of Rep2 resentatives that the Obama administration and Congress 

3 should end the assault on America’s energy independence 

4 by leaving in place domestic energy tax incentives. 

Æ 


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