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- H.R.4411
H.R.4411: 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.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Dec. 19, 2009
- Latest Major Action Dec. 19, 2009
Bill Sponsor
Bill Cosponsors
5 (2 Democrats, 3 Republicans)
Bill 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Dec. 19, 2009 |
Introduced in the House by Peter Roskam (R-Ill.) |