H.R. 1468 · 108th Congress

To amend the Internal Revenue Code of 1986 to modify the depreciation of natural gas pipelines, equipment, and infrastructure assets to be 10-year property.

Stage
In committee
Introduced
2003-03-27
Latest action
2003-03-27 · Introduced in House

Summary

Amends the Internal Revenue Code to classify natural gas distribution, storage, and transmission infrastructure assets as ten-year depreciable property.