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United States · Bill · S

S. 593 (107th)

A bill to amend the Internal Revenue Code of 1986 to clarify that natural gas gathering lines are 7-year property for purposes of depreciation.

referredUnited States· United States Congress· EN

Introduced

22 March 2001

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2732)

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Internal Revenue Code to classify any natural gas gathering line as seven-year property for purposes of depreciation. Defines natural gas gathering line.

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Versions

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Documents

3 official files

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Sources

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