H.R.1541: Enhanced Energy Infrastructure and Technology Tax Act of 2005

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about taxation
  • Introduced April 12, 2005
  • Latest Major Action April 18, 2005

Bill Summary

Enhanced Energy Infrastructure and Technology Tax Act of 2005 - Title I: Energy Infrastructure Tax Incentives - (Sec. 101) Amends the Internal Revenue Code to assign a seven-year depreciation recovery period (class life of 14 years under the alternative depreciation system) to any natural gas gathering line placed in service after April 11, 2005. Defines "natural gas gathering line" to include any pipe, equipment, and appurtenance that: (1) is...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.1541.

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 26 - 11.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 109-45.
Placed on the Union Calendar, Calendar No. 25.
April 12, 2005

Introduced in the House by William M. Thomas (R-Calif.)

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