HR 3680 · 109th Congress · Taxation
To amend the Internal Revenue Code of 1986 to increase and extend temporary expensing for equipment used in refining of liquid fuels.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2005-09-07)
Plain Language Summary
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Amends the Internal Revenue Code to: (1) increase from 50 to 100 percent the cost percentage of qualified refinery property eligible for expensing; and (2) extend until January 1, 2015, the placed-in-service requirement for such property.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (12)
2 Democrats10 Republicans