Promoting Domestic Energy Production Act

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 2 Sponsors

Introduced in Senate Jan 23, 2025 · 482 words Open full page ↗

119TH CONGRESS

1ST SESSION

S. 224

To amend the Internal Revenue Code of 1986 to allow intangible drilling

and development costs to be taken into account when computing adjusted

financial statement income.

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PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Introduced — base rate 2%, measured from US's completed sessions
Momentum -4 33/100 from the pace of recorded action
Time since last action -22 627 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.