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S 1150 106th Congress Senate

Semiconductor Equipment Investment Act of 1999

Official title: A bill to amend the Internal Revenue Code of 1986 to more accurately codify the depreciable life of semiconductor manufacturing equipment.

Introduced: June 27, 2000 See on congress.gov
Taxation Business income taxCommerceDepreciation and amortizationEquipment and supplies
More subjectsShow fewer subjects
Income taxScience, Technology, CommunicationsSemiconductor industryTax deductions
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 27, 1999
Read twice and referred to the Committee on Finance.
May 27, 1999
Sponsor introductory remarks on measure. (CR S6295-6296)
May 27, 1999
Introduced in Senate
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 Latest action May 27, 1999

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service
Semiconductor Equipment Investment Act of 1999 - Amends the Internal Revenue Code to make semiconductor manufacturing equipment three-year depreciable property.
 Related & companion bills 1
  • HR 1092 Identical bill Semiconductor Equipment Investment Act of 1999
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Crapo, Mike
Idaho · Jun 27, 2000
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1150: Semiconductor Equipment Investment Act of 1999. 106th Congress. Open America. https://openamerica.io/bill/106-S-1150/
MLA
"S. 1150: Semiconductor Equipment Investment Act of 1999." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-S-1150/.
Bluebook (legal)
S. 1150, 106th Cong. (2026), https://openamerica.io/bill/106-S-1150/.
Markdown link
[S. 1150: Semiconductor Equipment Investment Act of 1999](https://openamerica.io/bill/106-S-1150/)
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