To require the Secretary of the Treasury to submit a study of tax depreciation recovery periods.

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

R CollinsSponsor

No cosponsors.

What it does: CRS summary · Introduced in House · Jan 7, 2003

Directs the Secretary of the Treasury to conduct a study of the differences between the depreciation recovery periods used for computing taxable income or loss under the Internal Revenue Code and for computing net income or loss for financial statement purposes. Requires the study to include such recommendations as the Secretary may have for adjusting the recovery periods used for tax purposes to make them closer to the periods used for financial statement purposes.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To require the Secretary of the Treasury to submit a study of tax depreciation recovery periods.

Latest action (Jan 7, 2003): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Jan 7, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.