A bill to amend the Internal Revenue Code of 1986 to treat natural gas distribution lines as 10-year property for depreciation purposes.

Bill Number

S 360

Introduced

Feb 11, 2003

Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2218)

Sponsor

Cosponsors

Topics

Commerce Depreciation and amortization Energy Gas pipelines Income tax Minimum tax Natural gas Tax deductions Taxation Transportation and Public Works

Full Text

Votes

Summary

Amends the Internal Revenue Code to classify natural gas distribution lines as 10-year property for depreciation purposes.

Actions

Feb 11, 2003

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2218)
Feb 11, 2003

Sponsor introductory remarks on measure. (CR S2213-2216)
Feb 11, 2003

Introduced in Senate

Amendments

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