Skip to main content
HR 1222 108th Congress House

To permit a special amortization deduction for intangible assets acquired from eligible small businesses to take account of the actual economic useful life of such assets and to encourage growth in…

Official title: To permit a special amortization deduction for intangible assets acquired from eligible small businesses to take account of the actual economic useful life of … Show full official titleShow less

Official title: To permit a special amortization deduction for intangible assets acquired from eligible small businesses to take account of the actual economic useful life of such assets and to encourage growth in industries for which intangible assets are an important source of revenue.

Introduced: May 12, 2004 See on congress.gov
Taxation CommerceDepreciation and amortizationEstates (Law)Income tax
More subjectsShow fewer subjects
Intangible propertyLawPartnershipsSmall businessTax deductions
Sign in to write a letter Sign in to watch
This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) 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
Mar 12, 2003
Referred to the House Committee on Ways and Means.
Mar 12, 2003
Introduced in House
 Ask about this bill AI · grounded in the bill text

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.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action March 12, 2003

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow a special amortization tax deduction for up to $5 million of the intangible property acquired from an eligible small business (i.e., a business with gross receipts not exceeding $5 million for the three preceding taxable years) after December 31, 2002.

 Related & companion bills 1
  • S 1371 Identical bill A bill to permit a special amortization deduction for intangible assets acquired from eligible small businesses to take…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Rogers, Harold
Kentucky · May 12, 2004
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1222: To permit a special amortization deduction for intangible assets acquired from eligible small businesses to take account of the actual economic useful life of such assets and to encourage growth in industries for which intangible assets are an important source of revenue.. 108th Congress. Open America. https://openamerica.io/bill/108-HR-1222/
MLA
"H.R. 1222: To permit a special amortization deduction for intangible assets acquired from eligible small businesses to take account of the actual economic useful life of such assets and to encourage growth in industries for which intangible assets are an important source of revenue.." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-1222/.
Bluebook (legal)
H.R. 1222, 108th Cong. (2026), https://openamerica.io/bill/108-HR-1222/.
Markdown link
[H.R. 1222: To permit a special amortization deduction for intangible assets acquired from eligible small businesses to take account of the actual economic useful life of such assets and to encourage growth in industries for which intangible assets are an important source of revenue.](https://openamerica.io/bill/108-HR-1222/)
Report a problem