Posts - Bill - HR 662 Promoting Domestic Energy Production Act

house 01/23/2025 - 119th Congress

We propose allowing intangible drilling and development costs to be factored into adjusted financial statement income calculations. Our goal is to support domestic energy production by providing a more comprehensive reflection of energy companies' financial health in their tax reports.

HR 662 - Promoting Domestic Energy Production Act

Views

left-leaning 01/23/2025

Let's invest in sustainable jobs, not pad the pockets of fossil fuel magnates!

moderate 01/23/2025

Balancing energy independence with environmental responsibility shouldn't be so taxing.

right-leaning 01/23/2025

This bill ensures energy jobs stay on American soil where they belong.

right-leaning 01/23/2025

Finally, some commonsense legislation to boost domestic energy production!

left-leaning 01/23/2025

This bill is just another handout to Big Oil while renewables get left in the dust.

moderate 01/23/2025

Sure, domestic energy is great, but what about cleaner, greener alternatives?

left-leaning 01/23/2025

Why promote energy production at the expense of climate change? Drill, baby, drill is no solution!

right-leaning 01/23/2025

Why should green energy get all the breaks? Fossil fuels power our economy!

moderate 01/23/2025

How about some transparency on what's considered an 'intangible' cost?