26 U.S. Code Part I - DEDUCTIONS

Sec. 611. Allowance of deduction for depletion. 612. Basis for cost depletion. 613. Percentage depletion. 613A. Limitations on percentage depletion in case of oil and gas wells. [1]    Editorially supplied. Section 613A added by Pub. L. 94–12without corresponding amendment of part analysis. 614. Definition of property. [615. Repealed.] 616. Development expenditures. 617. Deduction and recapture of certain mining exploration expenditures.
Amendments

1990—Pub. L. 101–508, title XI, § 11801(b)(7),Nov. 5, 1990, 104 Stat. 1388–522, struck out item for part II “Exclusions from gross income”.
1976—Pub. L. 94–455, title XIX, § 1901(b)(21)(H),Oct. 4, 1976, 90 Stat. 1798, struck out item 615 “Exploration expenditures”.
1969—Pub. L. 91–172, title V, §§ 503(b), 505 (c),Dec. 30, 1969, 83 Stat. 631, 634, added items for parts IV and V.
Pub. L. 91–172, title V, § 504(c)(5),Dec. 30, 1969, 83 Stat. 633, substituted “Pre-1970 exploration expenditures” for “Exploration expenditures” in item 615 and substituted “Deduction and recapture of certain mining exploration expenditures” for “Additional exploration expenditures in the case of domestic mining” in item 617.
1966—Pub. L. 89–570, § 1(d),Sept. 12, 1966, 80 Stat. 762, added item 617.


Footnotes
[1]  Editorially supplied. Section 613A added by Pub. L. 94–12without corresponding amendment of part analysis.

 

LII has no control over and does not endorse any external Internet site that contains links to or references LII.