H.R. 1379 · 109th Congress
To amend the Internal Revenue Code of 1986 to treat electric transmission property as 15-year property for depreciation purposes.
- Stage
- In committee
- Sponsor
- Phil English
- Introduced
- 2005-03-17
- Latest action
- 2005-03-17 · Introduced in House
Summary
Amends the Internal Revenue Code to allow a 15-year recovery period for the depreciation of certain property used in the transmission at 69 or more kilovolts of electricity for sale.