Interstate Pipeline Group Makes Case for Extending Bonus Depreciation in Jobs/Tax Legislation

摘要

The Interstate Natural Gas Association of America (INGAA) asked the Congress to extend - for four more years - the accelerated ("bonus") depreciation that expired at the end of 2009 for new gas pipelines. If approved, the extension would apply to pipelines authorized prior to 7/1/11 and placed in service by 12/31/13.