A bill to amend the Internal Revenue Code of 1986 to reclassify computer equipment as 3-year property for purposes of depreciation.

Bill Number

S 752

Introduced

Apr 6, 2001

Latest Action

Read twice and referred to the Committee on Finance.

Sponsor

Cosponsors

Topics

Business income tax Commerce Computers Depreciation and amortization Equipment and supplies Income tax Science, Technology, Communications Tax deductions Taxation

Full Text

Votes

Summary

Amends the Internal Revenue Code to include computer and peripheral equipment as three-year depreciable property.

Actions

Amendments

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