S. 922 · 111th Congress

A bill to amend the Internal Revenue Code of 1986 to modify the term "5-year property".

Stage
In committee
Introduced
2009-04-29
Latest action
2009-04-29 · Introduced in Senate

Summary

Amends the Internal Revenue Code to classify equipment that produces electricity from marine and hydrokinetic renewable energy as five-year property for depreciation purposes.