HR 1560
106th Congress
House
Taxation
Business income tax
Commerce
Computer integrated manufacturing systems
Computers
Depreciation and amortization
Equipment and supplies
Income tax
Science, Technology, Communications
Tax deductions
Computer Equipment Common Sense Depreciation Act
Introduced: April 26, 1999
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 26, 1999
Referred to the House Committee on Ways and Means.
Apr 26, 1999
Sponsor introductory remarks on measure. (CR E763)
Apr 26, 1999
Introduced in House
Plain-English summary
Computer Equipment Common Sense Depreciation Act - Amends the Internal Revenue Code to establish a two-year recovery period for depreciation (including alternative depreciation for tax-exempt use property, etc.) of computers and peripheral equipment used in manufacturing.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1