A bill to amend the Internal Revenue Code of 1986 to allow a 15-year applicable recovery period for depreciation of electric transmission property.

Bill Number

S 1631

Introduced

Sep 17, 2003

Latest Action

Read twice and referred to the Committee on Finance.

Sponsor

Cosponsors

Topics

Commerce Corporation taxes Depreciation and amortization Electric power transmission Energy Income tax Minimum tax Tax deductions Taxation

Full Text

Votes

Summary

Amends the Internal Revenue Code to classify certain electric transmission property as 15-year property for depreciation purposes.

Actions

Amendments

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