HR 4411
111th Congress
House
Taxation
Business investment and capital
Income tax deductions
Oil and gas
Pipelines
To amend the Internal Revenue Code of 1986 to make permanent accelerated depreciation of natural gas distribution property and to clarify to which property such treatment applies.
Introduced: December 19, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 19, 2009
Referred to the House Committee on Ways and Means.
Dec 19, 2009
Introduced in House
Plain-English summary
Amends the Internal Revenue Code, with respect to the tax deduction for accelerated depreciation, to rename natural gas distribution lines as natural gas distribution facilities and make permanent the classification of such facilities as 15-year property for depreciation purposes.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1