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HR 1507 107th Congress House Taxation Business income tax Commerce Depreciation and amortization Franchises (Retail trade) Income tax Tax deductions

Small Business Franchise Property Recovery Act of 2001

Introduced: April 4, 2001 See on congress.gov
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 4, 2001
Referred to the House Committee on Ways and Means.
Apr 4, 2001
Introduced in House
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 Plain-English summary Congressional Research Service
Small Business Franchise Property Recovery Act of 2001 - Amends the Internal Revenue Code to establish certain franchise operations as 15-year property under the accelerated cost recovery system.
What's happening now April 4, 2001

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
McCollum, Betty
Minnesota · Jun 13, 2001
 D
McGovern, James P.
Massachusetts · Jun 13, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1507: Small Business Franchise Property Recovery Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1507/
MLA
"H.R. 1507: Small Business Franchise Property Recovery Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1507/.
Bluebook (legal)
H.R. 1507, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1507/.
Markdown link
[H.R. 1507: Small Business Franchise Property Recovery Act of 2001](https://openamerica.io/bill/107-HR-1507/)
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