I 118th CONGRESS 1st Session H. R. 5073 IN THE HOUSE OF REPRESENTATIVES July 28, 2023 Mr. Carey (for himself, Mr. Vicente Gonzalez of Texas , Mr. Nehls , Mr. Hunt , Mr. Mooney , Mrs. Miller of West Virginia , Mr. Meuser , Mrs. Bice , Mr. Crenshaw , Mr. Cole , Mr. Cuellar , Ms. Van Duyne , Mr. Pence , Mr. Tony Gonzales of Texas , Ms. Greene of Georgia , Mr. Amodei , Mr. Pfluger , Mr. Zinke , Mr. Langworthy , Mr. Hern , Mr. Estes , Mr. Balderson , Mr. Armstrong , Mr. Miller of Ohio , and Mr. Newhouse ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL 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.