S 669 · 109th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to treat natural gas distribution lines as 15-year property for purposes of depreciation.

Introduced 2005-03-17· Sponsored by Sen. Smith, Gordon H. [R-OR]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2005-03-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to classify any natural gas distribution line as 15-year property for purposes of the tax deduction for depreciation.…

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

Cosponsors (4)

2 Democrats2 Republicans
Sen. Lincoln, Blanche L. [D-AR]AR
Sen. Thomas, Craig [R-WY]WY
Sen. Dorgan, Byron L. [D-ND]ND
Sen. Enzi, Michael B. [R-WY]WY