S. 1693 · 109th Congress
A bill to amend the Internal Revenue Code of 1986 to allow the temporary expensing of equipment used in refining of liquid fuels.
- Stage
- In committee
- Sponsor
- Jon Kyl
- Introduced
- 2005-09-13
- Latest action
- 2005-09-13 · Introduced in Senate
Summary
Amends the Internal Revenue Code to allow a taxpayer election to expense the cost of certain fuel refinery property that meets a specified production capacity and is placed in service before January 1, 2014.