To amend the Internal Revenue Code of 1986 to establish a 2-year recovery period for depreciation of computers and other technological equipment, a 24-month useful life for depreciation of computer software, and a 7-year useful life for depreciation of certain auction-acquired telecommunications licenses.

Business income tax Commerce Computer networks Computer software Computers Depreciation and amortization Equipment and supplies Income tax Information technology Internet Law Licenses Radio spectrum allocation Science, Technology, Communications Tax deductions Taxation Telecommunication industry Television frequency allocation Wireless communication +16...