HR 3786
97th Congress
House
Taxation
Depreciation and amortization
Income tax
Shipbuilding
Ships
Ships and shipping
Tax deductions
United States Flag Ship Fair Competition Tax Act of 1981
Introduced: June 4, 1981
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 4, 1981
Referred to House Committee on Ways and Means.
Jun 4, 1981
Introduced in House
Plain-English summary
United States Flag Ship Fair Competition Tax Act of 1981 - Amends the Internal Revenue Code to permit accelerated depreciation for vessels documented under the laws of the United States. Provides a useful life of one or more years for vessels constructed in the United States and a useful life of five or more years for foreign-built vessels.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1