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United States · Bill · HR

H.R. 199 (104th)

Neutral Cost Recovery Act of 1995

openUnited States· United States Congress· EN

Introduced

4 January 1995

Last action

Status

See H.R.1215.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

Neutral Cost Recovery Act of 1995 - Amends the Internal Revenue Code to allow the depreciation deduction to be computed based on a neutral recovery basis for certain property placed in service after December 31, 1994. Increases the dollar limitation on the deduction to expense depreciable business assets.

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Documents

3 official files

Introduced in House (text)

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Sources

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