S. 669 · 109th Congress
A bill to amend the Internal Revenue Code of 1986 to treat natural gas distribution lines as 15-year property for purposes of depreciation.
- Stage
- In committee
- Sponsor
- Gordon Smith
- Introduced
- 2005-03-17
- Latest action
- 2005-03-17 · Introduced in Senate
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.