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- H.R.1991
H.R.1991: To amend the Internal Revenue Code of 1986 to clarify that natural gas gathering lines are 7-year property for purposes of depreciation.
About This Bill
- This bill was introduced in the 106th Congress
- This bill is primarily about taxation
- Introduced May 27, 1999
- Latest Major Action May 27, 1999
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (2 Democrats, 7 Republicans)
Bill Summary
Amends the Internal Revenue Code to classify any natural gas gathering line as seven-year property for purposes of depreciation. Defines natural gas gathering line.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| May 27, 1999 |
Introduced in the House by Sam Johnson (R-Texas) |