HR 2451
106th Congress
House
Taxation
Business income tax
Commerce
Depreciation and amortization
Franchises (Retail trade)
Income tax
Tax deductions
Small Business Franchise Property Recovery Act of 1999
Introduced: July 1, 1999
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 1, 1999
Referred to the House Committee on Ways and Means.
Jul 1, 1999
Introduced in House
Plain-English summary
Small Business Franchise Property Recovery Act of 1999 - Amends the Internal Revenue Code to establish certain franchise operations as 15-year property under the accelerated cost recovery system.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1