HR 1895
107th 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: May 17, 2001
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 17, 2001
Referred to the House Committee on Ways and Means.
May 17, 2001
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