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
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
Ask about this bill
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
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.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). H.R. 1895: Computer Equipment Common Sense Depreciation Act. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1895/
"H.R. 1895: Computer Equipment Common Sense Depreciation Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1895/.
H.R. 1895, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1895/.
[H.R. 1895: Computer Equipment Common Sense Depreciation Act](https://openamerica.io/bill/107-HR-1895/)