S 1595
109th Congress
Senate
A bill to amend the Internal Revenue Code of 1986 to provide for a 3-year recovery period for depreciation of qualified energy management devices.
Taxation
Depreciation and amortizationElectric powerElectric utilitiesElectric utility rates
More subjectsShow fewer subjects
EnergyIncome taxTax deductions
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 29, 2005
Read twice and referred to the Committee on Finance.
Jul 29, 2005
Introduced in Senate
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Latest action
Read twice and referred to the Committee on Finance.
Plain-English summary
Amends the Internal Revenue Code to assign a three-year recovery period for depreciation of qualified energy management devices placed in service before January 1, 2008. Defines "energy management device" as a meter or metering device to measure and record electricity usage data on a time-differentiated basis in at least four separate time segments per day.
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). S. 1595: A bill to amend the Internal Revenue Code of 1986 to provide for a 3-year recovery period for depreciation of qualified energy management devices.. 109th Congress. Open America. https://openamerica.io/bill/109-S-1595/
"S. 1595: A bill to amend the Internal Revenue Code of 1986 to provide for a 3-year recovery period for depreciation of qualified energy management devices.." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-S-1595/.
S. 1595, 109th Cong. (2026), https://openamerica.io/bill/109-S-1595/.
[S. 1595: A bill to amend the Internal Revenue Code of 1986 to provide for a 3-year recovery period for depreciation of qualified energy management devices.](https://openamerica.io/bill/109-S-1595/)