INGAA Congressional Letter on Bonus Depreciation

News Date: 04/22/2009

The attached letter to House and Senate tax writing committees asks that they consider extending the bonus depreciation for capital expenditures contained in recent stimulus legislation, for those projects like pipelines that have longer construction and approval lead times.

Contact: Martin Edwards Martin Edwards Martin Edwards Phone: 202-216-5970 Email: medwards@ingaa.org
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    INGAA Congressional Letter on Bonus Depreciation

    INGAA Congressional Letter on Bonus Depreciation 21KB, PDF

    The Interstate Natural Gas Association of America (INGAA) represents the interstate natural gas pipeline industry in the United States and Canada. Our members build and operate the 220,000 miles of interstate natural gas pipeline infrastructure that helps to keep the economy functioning by delivering natural gas throughout the nation. INGAA supports and appreciates the efforts taken by the Congress earlier this year, as part of the American Recovery and Reinvestment Act (ARRA), to extend accelerated or ââ‚bonusssâ₠depreciation for certain capital expenditures through 2009.