To amend the Internal Revenue Code of 1986 to classify office furniture as 5-year property for purposes of accelerated depreciation.

Bill Number

HR 3098

Introduced

Oct 11, 2001

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Business income tax Commerce Depreciation and amortization Furniture industry Income tax Office equipment and supplies Tax deductions Taxation

Full Text

Votes

Summary

Amends the Internal Revenue Code to classify office property as five-year property for accelerated depreciation purposes.

Actions

Amendments

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