HR 674 · 106th Congress · Taxation

To amend the Internal Revenue Code of 1986 to clarify that natural gas gathering lines are 7-year property for purposes of depreciation.

Introduced 1999-02-10· Sponsored by Rep. Johnson, Sam [R-TX-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR E1124)(1999-05-27)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to classify any natural gas gathering line as seven-year property for purposes of depreciation. Defines natural gas gathering line.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

1 Democrat4 Republicans
Rep. McCrery, Jim [R-LA-4]LA
Rep. Watkins, Wes [R-OK-3]OK
Rep. John, Christopher [D-LA-7]LA
Rep. McInnis, Scott [R-CO-3]CO
Rep. Houghton, Amo [R-NY-31]NY