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- 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.
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced July 29, 2005
- Latest Major Action July 29, 2005
Bill Sponsor
Bill 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.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Finance.
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July 29, 2005 |
Introduced in the Senate by Maria Cantwell (D-Wash.) |