HR 1492 · 107th Congress 2001–2003, ended

To amend the Internal Revenue Code of 1986 to enhance the competitiveness of the United States leasing industry.

Introduced Apr 4, 2001 Originated House Sponsor Robert T. Matsui D-CA

Fact sheet

Latest action · Apr 4, 2001 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedApr 4, 2001
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Amends Internal Revenue Code provisions concerning the accelerated cost recovery system to provide that the alternative depreciation system shall be used for tangible property leased to a foreign person or entity.

Cosponsors 4

Members who signed on, in the order they did. Signatures ran from May 15, 2001 to Jul 23, 2001.

Seat	Cosponsor	Signed on
D-PA	William J. Coyne	May 15, 2001
D-NY	Joseph Crowley	Jun 5, 2001
D-TN	Bob Clement	Jun 12, 2001
D-CA	Loretta Sanchez	Jul 23, 2001

Actions 2

Everything that happened, newest first.

Apr 4, 2001Introduced in House
Apr 4, 2001Referred to the House Committee on Ways and Means.

Related bills 1

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
HR 1493	To amend the Internal Revenue Code of 1986 to enhance the competitiveness of the United States leasing industry.	Identical bill	Apr 5, 2001

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.