H.R. 1113 · 109th Congress

To amend the Internal Revenue Code of 1986 to provide that natural gas distribution lines are 15-year property for depreciation purposes.

Stage
In committee
Introduced
2005-03-03
Latest action
2005-03-03 · Introduced in House

Summary

Amends the Internal Revenue Code to classify any natural gas distribution line as 15-year property for purposes of the tax deduction for depreciation.