A bill to amend section 167 of the Internal Revenue Code of 1954 to provide a special allowance for depreciation with respect to certain byproduct and waste energy conversion facilities.

Summary

Provides, under the Internal Revenue Code, a depreciation deduction with respect to any certified byproduct or waste energy conversion facility. Provides that any capital improvements made after such property is placed in service shall be treated as separate property.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 22 March 1973

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 22 March 1973

   Introduced

   Introduced in House

   Source: IntroReferral

3. 22 March 1973

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 22 March 1973

  Open at official source

Sponsors

• Rep. Williams, Lawrence G. [R-PA-7] · R · Sponsor
• Rep. Eshleman, Edwin D. [R-PA-16] · R · Cosponsor
• Rep. Johnson, Albert W. [R-PA-23] · R · Cosponsor
• Rep. Schneebeli, Herman T. [R-PA-17] · R · Cosponsor
• Rep. Vigorito, Joseph P. [D-PA-24] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to → A bill to amend section 167 of the Internal Revenue Code of 1954 to provide a special allowance for depreciation with respect to certain byproducts and waste energy conversion facilities.