3.0.0 3924 2023-01-13T04:50:08Z 2023-01-13T04:50:08Z House H HR 2005-09-27 109 hswm00 Ways and Means Committee House Standing Referred to 2005-09-27T16:32:40Z 109 1781 S 2005-09-28 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10598) Related bill CRS 2005-09-27 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2005-09-27 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-09-27 Introduced in House IntroReferral 1000 9 Library of Congress T000260 Rep. Tiahrt, Todd [R-KS-4] TODD TIAHRT R KS 4 N R000566 Rep. Ryun, Jim [R-KS-2] JIM RYUN R KS 2 2005-10-03 False S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 2005-10-03 False B001235 Rep. Brown, Henry E., Jr. [R-SC-1] HENRY BROWN R SC E. 1 2005-10-03 False M000472 Rep. McHugh, John M. [R-NY-23] JOHN MCHUGH R NY M. 23 2005-10-26 False P000583 Rep. Paul, Ron [R-TX-14] RON PAUL R TX 14 2005-11-09 False M001140 Rep. Moore, Dennis [D-KS-3] DENNIS MOORE D KS 3 2005-12-17 False S000244 Rep. Sensenbrenner, F. James, Jr. [R-WI-5] F. SENSENBRENNER R WI JAMES 5 2006-01-31 False Taxation Capital gains tax Commerce Depreciation and amortization Energy Energy supplies Gas pipelines Income tax Petroleum Petroleum industry Petroleum pipelines Petroleum refineries Petroleum storage Tax administration Tax deductions Transportation and Public Works Taxation

00 2005-09-27 Introduced in House 2005-10-26T20:14:10Z Refinery Expansion Act of 2005 - Amends the Internal Revenue Code to: (1) revise the tax deduction for certain liquid fuels refinery property to allow expensing of the entire cost of such property if the property allows for a production capacity increase of five percent or more on an average daily basis; (2) allow, in lieu of such expensing deduction, a five-year recovery period for the depreciation of such refinery property; (3) allow a seven-year recovery period for the depreciation of certain oil and gas distribution lines; and (4) allow a five-year recovery period for the depreciation of certain petroleum storage facilities.

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Display Title Official Title as Introduced Introduced in House IH Short Titles as Introduced Introduced in House 2005-09-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr3924ih/xml/BILLS-109hr3924ih.xml 2005-09-27 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.