HR 1968
105th Congress
House
Taxation
Business income tax
Commerce
Computers
Depreciation and amortization
Equipment and supplies
Income tax
Science, Technology, Communications
Tax deductions
Computer Investment Act of 1997
Introduced: June 19, 1997
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 19, 1997
Sponsor introductory remarks on measure. (CR E1261)
Jun 19, 1997
Introduced in House
Jun 19, 1997
Referred to the House Committee on Ways and Means.
Plain-English summary
Computer Investment Act of 1997 - Amends the Internal Revenue Code to provide for a two-year cost recovery period for computers or peripheral equipment.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1