To amend the Internal Revenue Code of 1986 to treat electric transmission property as 15-year property for depreciation purposes.

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Bill Number

HR 1379

Introduced

Mar 17, 2005

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Commerce Depreciation and amortization Electric power transmission Energy Equipment and supplies Income tax Tax deductions Taxation

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Votes

Summary

Amends the Internal Revenue Code to allow a 15-year recovery period for the depreciation of certain property used in the transmission at 69 or more kilovolts of electricity for sale.

Actions

Mar 17, 2005

Referred to the House Committee on Ways and Means.
Mar 17, 2005

Introduced in House

Amendments

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