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H.R. 3680

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to increase and extend temporary expensing for equipment used in refining of liquid fuels.
About This Bill
Committee
Latest Action · September 7, 2005
Referred to the House Committee on Ways and Means.
Congress
109th (2005–2007)
Introduced
September 7, 2005
Cosponsors (12)
2D 10R
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Summary

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Amends the Internal Revenue Code to: (1) increase from 50 to 100 percent the cost percentage of qualified refinery property eligible for expensing; and (2) extend until January 1, 2015, the placed-in-service requirement for such property.

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