119th Congress · introduced in the House · Jan 14, 2025
End Oil and Gas Tax Subsidies Act of 2025
Official title from Congress.gov
Latest action (Jan 14, 2025): Referred to the House Committee on Ways and Means.
View on Congress.govPolicy area: Taxation
Congressional Research Service summary, version: Introduced in House (Jan 14, 2025)
End Oil and Gas Tax Subsidies Act of 2025
This bill repeals or limits tax deductions and credits related to oil and gas production; increases the amortization period of geological and geophysical expenses; prohibits the use of the last-in, first-out (LIFO) accounting method by certain oil companies; and expands the definition of crude oil for certain purposes.
The bill repeals the
• tax credits for producing oil and gas from marginal wells and enhanced oil recovery,
• tax deduction for intangible drilling and development costs for oil and gas wells,
• percentage depletion,
• tax deduction for tertiary injectant expenses, and
• exception to the passive loss limitations for working interests in oil and gas property.
The bill increases the amortization period for geological and geophysical expenses from two years to seven years and prohibits major integrated oil companies from using the LIFO accounting method.
The bill excludes from the qualified business income tax deduction items related to oil and gas production, refining, processing, transporting, and distribution.
The bill provides statutory authority for Internal Revenue Service regulations that exclude from the definition of a tax for purposes of the foreign tax credit levies imposed by foreign countries or U.S. possessions on persons that receive a specific economic benefit from the country or possession.
Finally, the bill defines crude oil for purposes of the excise tax on imported petroleum and crude oil to include bitumen or bituminous mixtures or oil derived from such mixtures (including tar sands) and oil derived from kerogen-bearing sources (including oil shale).
Show less of the summaryIncludes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
Actions from Congress.gov, newest first.
Accounting and auditing · Administrative law and regulatory procedures · Business expenses · Department of the Treasury · Income tax credits · Income tax deductions · Motor fuels · Oil and gas · Pipelines · Sales and excise taxes · Tax administration and collection, taxpayers · Taxation of foreign income
LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 24, 2026.
11 citations.
INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA · lobbying firm or registrant: INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Taxation/Internal Revenue Code
$120,000
Spent on own lobbying
…ngressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. HR 383 - End Oil and Gas Tax Subsidies Act of 2025 HR 1 - One Big Beautiful Bill Act HR 662 - Promoting Domestic Energy Production Act HR 1003 - Enhancing Energy Reco…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA · lobbying firm or registrant: INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 18, 2026 · issue area: Taxation/Internal Revenue Code
$250,000
Spent on own lobbying
…ngressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. HR 383 - End Oil and Gas Tax Subsidies Act of 2025 HR 1 - One Big Beautiful Bill Act HR 662 - Promoting Domestic Energy Production Act HR 1003 - Enhancing Energy Reco…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FACT COALITION (A PROJECT OF THE FUND FOR CONSTITUTIONAL GOVERNMENT) · lobbying firm or registrant: FACT COALITION (A PROJECT OF THE FUND FOR CONSTITUTIONAL GOVERNMENT)
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Taxation/Internal Revenue Code
$20,000
Spent on own lobbying
…Act Provisions to increase tax transparency for SEC-listed corporations S. 4111, Big Oil Windfall Profits Tax Act S. 2444, H.R. 4714, End Polluters Welfare Act H.R. 383, End Oil and Gas Tax Subsidies Act S.J.Res. 95, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of t…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA · lobbying firm or registrant: INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Taxation/Internal Revenue Code
$180,000
Spent on own lobbying
…ngressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. HR 383 - End Oil and Gas Tax Subsidies Act of 2025 HR 1 - One Big Beautiful Bill Act HR 662 - Promoting Domestic Energy Production Act HR 1003 - Enhancing Energy Reco…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA · lobbying firm or registrant: INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 20, 2026 · issue area: Taxation/Internal Revenue Code
$250,000
Spent on own lobbying
…ngressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. HR 383 - End Oil and Gas Tax Subsidies Act of 2025 HR 1 - One Big Beautiful Bill Act HR 662 - Promoting Domestic Energy Production Act HR 1003 - Enhancing Energy Reco…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FACT COALITION (A PROJECT OF THE FUND FOR CONSTITUTIONAL GOVERNMENT) · lobbying firm or registrant: FACT COALITION (A PROJECT OF THE FUND FOR CONSTITUTIONAL GOVERNMENT)
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 16, 2026 · issue area: Taxation/Internal Revenue Code
$20,000
Spent on own lobbying
…nal tax relating to the Tax Cuts and Jobs Act Provisions to increase tax transparency for SEC-listed corporations S. 2444, H.R. 4714, End Polluters Welfare Act H.R. 383, End Oil and Gas Tax Subsidies Act
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FACT COALITION (A PROJECT OF THE FUND FOR CONSTITUTIONAL GOVERNMENT) · lobbying firm or registrant: FACT COALITION (A PROJECT OF THE FUND FOR CONSTITUTIONAL GOVERNMENT)
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 20, 2025 · issue area: Taxation/Internal Revenue Code
$20,000
Spent on own lobbying
…nal tax relating to the Tax Cuts and Jobs Act Provisions to increase tax transparency for SEC-listed corporations S. 2444, H.R. 4714, End Polluters Welfare Act H.R. 383, End Oil and Gas Tax Subsidies Act
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA · lobbying firm or registrant: INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 20, 2025 · issue area: Taxation/Internal Revenue Code
$120,000
Spent on own lobbying
…ngressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. HR 383 - End Oil and Gas Tax Subsidies Act of 2025 HR 1 - One Big Beautiful Bill Act HR 662 - Promoting Domestic Energy Production Act HR 1003 - Enhancing Energy Reco…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA · lobbying firm or registrant: INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA
2025 Q2 report (Apr 1, 2025 – Jun 30, 2025) · posted Jul 21, 2025 · issue area: Taxation/Internal Revenue Code
$140,000
Spent on own lobbying
…ngressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. HR 383 - End Oil and Gas Tax Subsidies Act of 2025 HR 1 - One Big Beautiful Bill Act HR 662 - Promoting Domestic Energy Production Act HR 1003 - Enhancing Energy Reco…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA · lobbying firm or registrant: INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted Apr 21, 2025 · issue area: Taxation/Internal Revenue Code
$170,000
Spent on own lobbying
…ngressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. HR 383 - End Oil and Gas Tax Subsidies Act of 2025 -Issues related to tax policy and impact on American oil and natural gas producers
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FRIENDS OF THE EARTH · lobbying firm or registrant: FRIENDS OF THE EARTH
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted Apr 17, 2025 · issue area: Budget/Appropriations
$80,000
Spent on own lobbying
…l federal fossil fuel subsidies End Polluter Welfare Act: support for the bill's reintroduction End Polluter Welfare Act: support for the bill's reintroduction H.R.383 - End Oil and Gas Tax Subsidies Act of 2025: support for entire bill FY26 Appropriations: support for healthy food & sustainable agriculture language
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing