S 1693 · 109th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to allow the temporary expensing of equipment used in refining of liquid fuels.

Introduced 2005-09-13· Sponsored by Sen. Kyl, Jon [R-AZ]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2005-09-13)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow a taxpayer election to expense the cost of certain fuel refinery property that meets a specified production capacity and is placed in service before January 1, 2014.…

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