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senate Bill S. 922

A bill to amend the Internal Revenue Code of 1986 to modify the term "5-year property".

bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Committee on Finance
    IntroducedApril 29th, 2009

Bill Details

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Official Title

A bill to amend the Internal Revenue Code of 1986 to modify the term "5-year property".

Summary

Amends the Internal Revenue Code to classify equipment that produces electricity from marine and hydrokinetic renewable energy as five-year property for depreciation purposes.

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