To amend the Internal Revenue Code of 1986 to provide a 7-year recovery period for depreciation of potato storage facilities.

Summary

Amends the Internal Revenue Code to provide a seven-year recovery period for depreciation of potato storage facilities. Establishes that the amendments in this Act will apply to potato storage facilities placed in service by a taxpayer before, on, or, after January 1, 2003, but with respect to those facilities placed in service before January 1, 2003, only if the taxpayer owned the facility on such date.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 4 March 2003

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 4 March 2003

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 March 2003

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 March 2003 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 March 2003

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 March 2003

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 March 2003

  Open at official source

Sponsors

• Rep. Camp, Dave [R-MI-4] · R · Sponsor
• · hswm00 · Standing

Related records

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