United States · Bill · HR
H.R. 4959 (106th)
To amend the Internal Revenue Code of 1986 to modify the depreciation of property used in the generation of electricity.
Introduced
25 July 2000
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
2 January 2025
Summary
Amends the Internal Revenue Code, with respect to the accelerated cost recovery system, to: (1) add property used in the generation of electricity to the definition of seven-year property; and (2) with respect to the special rules for determining class life, deem such property to have a ten-year class life.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 25 July 2000
Introduced in House (PDF)
Introduced in House · EN · 25 July 2000
Introduced in House
summary · EN · 25 July 2000
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/106th-congress/house-bill/4959
- Open data entity: https://api.congress.gov/v3/bill/106/hr/4959