Ok, Haynesville Shale landowners it is time for us to ask Congress to include an incentive for landowners to the Natural Gas Act. The bill's number is HR6570
. The incentive would be a one-time flat tax rate of 25% or less on lease signing bonuses for landowners in the Haynesville Shale play.
The o/g CEO's have gotten their incentives in the Act. Go to this link, to read a summary, less than two pages, of the current incentives www.house.gov/apps/list/press/ok02_boren/2008_07_22_ngv_rahm_bill.html
Just send an email to Rep. Ed Markey, D-Mass, who is the chairman of the Select Committee on Energy Independence & Global Warming. His committee is preparing the Act. Congressmen Dan Boren and Rahm Emanuel introduced the bill. You could send the same email to the two sponsoring congressmen, your senators, and congressperson.
The email for the lead staffer working on this bill for Congressman Emanuel is Jonathan.Levy@mai.house.gov. The email for the staffer working on the bill for Congressman Boren is Wendy.email@example.com.
8/1 Mr. Levy says he is considering our suggestion. So, email him your ideas on this matter.
An email stating how much a flat 25% or less one-time tax rate on your lease bonus payment would help you, your family, and your community vs the current 35% federal ordinary income tax rate plus state & local taxes could get this needed incentive (tax break) included in the Act for landowners.
Landowners are helping the nation during this time of energy crisis not just o/g companies. Landowners have to live with the physical effects of drilling which is a value to the nation also. The committee's contact is www.globalwarming.house.gov/contact
. TCB DS3