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S. 1595

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to provide for a 3-year recovery period for depreciation of qualified energy management devices.
About This Bill
Committee
Latest Action · July 29, 2005
Read twice and referred to the Committee on Finance.
Congress
109th (2005–2007)
Introduced
July 29, 2005
Cosponsors (0)
None
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Summary

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Amends the Internal Revenue Code to assign a three-year recovery period for depreciation of qualified energy management devices placed in service before January 1, 2008. Defines "energy management device" as a meter or metering device to measure and record electricity usage data on a time-differentiated basis in at least four separate time segments per day.

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