Alaska natural gas pipeline
Defined in 1 place of the United States Code.
The term “Alaska natural gas pipeline” means the natural gas pipeline system located in the State of Alaska which—
(A) has a capacity of more than 500,000,000,000 Btu of natural gas per day, and
(B) is—
(i) placed in service after December 31, 2013, or
(ii) treated as placed in service on January 1, 2014, if the taxpayer who places such system in service before January 1, 2014, elects such treatment.
Source
- 2013–present26 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · under this section
The term "Alaska natural gas pipeline" means the natural gas pipeline system located in the State of Alaska which—
(A) has a capacity of more than 500,000,000,000 Btu of natural gas per day, and
(B) is—
(i) placed in service after December 31, 2013, or
(ii) treated as placed in service on January 1, 2014, if the taxpayer who places such system in service before January 1, 2014, elects such treatment.
Such term includes the pipe, trunk lines, related equipment, and appurtenances used to carry natural gas, but does not include any gas processing plant.
Source
- 2005–202526 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · under this section