HR 4411 · 111th Congress · Taxation

To amend the Internal Revenue Code of 1986 to make permanent accelerated depreciation of natural gas distribution property and to clarify to which property such treatment applies.

Introduced 2009-12-19· Sponsored by Rep. Roskam, Peter J. [R-IL-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2009-12-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code, with respect to the tax deduction for accelerated depreciation, to rename natural gas distribution lines as natural gas distribution facilities and make permanent the classification of such facilities as 15-year property for depreciation purposes.…

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

Cosponsors (5)

2 Democrats3 Republicans