HR 1379
109th Congress
House
Taxation
Commerce
Depreciation and amortization
Electric power transmission
Energy
Equipment and supplies
Income tax
Tax deductions
To amend the Internal Revenue Code of 1986 to treat electric transmission property as 15-year property for depreciation purposes.
Introduced: March 17, 2005
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 17, 2005
Referred to the House Committee on Ways and Means.
Mar 17, 2005
Introduced in House
Plain-English 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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1