Political Quotes

“Mr. President, I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text of the bill was ordered to be printed in the Record, as follows: S. 2117 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. LIMITATION ON DISCRIMINATORY TAXATION OF NATURAL GAS PIPELINE PROPERTY. (a) Definitions.--In this Act: (1) Assessment.--The term ``assessment'' means valuation for a property tax that is levied by a taxing authority. (2) Assessment jurisdiction.--The term ``assessment jurisdiction'' means a geographical area used in determining the assessed value of property for ad valorem taxation. (3) Commercial and industrial property.--The term ``commercial and industrial property'' means property (excluding natural gas pipeline property, public utility property, and land used primarily for agricultural purposes or timber growth) devoted to commercial or industrial use and subject to a property tax levy. (4) Natural gas pipeline property.--The term ``natural gas pipeline property'' means all property (whether real, personal, and intangible) used by a natural gas pipeline providing transportation or storage of natural gas subject to the jurisdiction of the Federal Regulatory Commission.…”