United States · Bill · HR
H.R. 199 (104th)
Neutral Cost Recovery Act of 1995
Introduced
4 January 1995
Last action
13 March 1995 · Committee
Status
See H.R.1215.
Sponsors
Rep. Smith, Nick [R-MI-7], Rep. Blute, Peter I. [R-MA-3], Rep. Cunningham, Randy (Duke) [R-CA-50], Rep. Everett, Terry [R-AL-2], Rep. Istook, Ernest J., Jr. [R-OK-5], Rep. Kasich, John R. [R-OH-12], Rep. Knollenberg, Joe [R-MI-9], Rep. Linder, John [R-GA-7], Rep. Manzullo, Donald A. [R-IL-16], Rep. Chrysler, Dick [R-MI-8], Rep. Molinari, Susan [R-NY-13], Rep. English, Phil [R-PA-3], Rep. Smith, Lamar [R-TX-21], Rep. Royce, Edward R. [R-CA-39], Rep. Doolittle, John T. [R-CA-4], Rep. Ney, Robert W. [R-OH-18], Rep. Parker, Mike [R-MS-4], Rep. Sensenbrenner, F. James, Jr. [R-WI-5]
Subjects
Taxation
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.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
4 January 1995
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
4 January 1995
Introduced
Introduced in House
Source: IntroReferral
4 January 1995
Introduced
Introduced in House
Source: IntroReferral
23 February 1995
Introduced
Sponsor introductory remarks on measure. (CR H2155)
Source: IntroReferral
1 March 1995
Introduced
Sponsor introductory remarks on measure. (CR H2475)
Source: IntroReferral
13 March 1995
Committee
See H.R.1215.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 4 January 1995 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 4 January 1995
Introduced in House (PDF)
Introduced in House · EN · 4 January 1995
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Introduced in House
summary · EN · 4 January 1995
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Smith, Nick [R-MI-7] · R · Sponsor
- Rep. Blute, Peter I. [R-MA-3] · R · Sponsor
- Rep. Cunningham, Randy (Duke) [R-CA-50] · R · Sponsor
- Rep. Everett, Terry [R-AL-2] · R · Sponsor
- Rep. Istook, Ernest J., Jr. [R-OK-5] · R · Sponsor
- Rep. Kasich, John R. [R-OH-12] · R · Sponsor
- Rep. Knollenberg, Joe [R-MI-9] · R · Sponsor
- Rep. Linder, John [R-GA-7] · R · Sponsor
- Rep. Manzullo, Donald A. [R-IL-16] · R · Sponsor
- Rep. Chrysler, Dick [R-MI-8] · R · Sponsor
- Rep. Molinari, Susan [R-NY-13] · R · Cosponsor
- Rep. English, Phil [R-PA-3] · R · Cosponsor
- Rep. Smith, Lamar [R-TX-21] · R · Cosponsor
- Rep. Royce, Edward R. [R-CA-39] · R · Cosponsor
- Rep. Doolittle, John T. [R-CA-4] · R · Cosponsor
- Rep. Ney, Robert W. [R-OH-18] · R · Cosponsor
- Rep. Parker, Mike [R-MS-4] · D · Cosponsor
- Rep. Sensenbrenner, F. James, Jr. [R-WI-5] · R · Cosponsor
- · hswm00 · Standing
Related records
- related to ← Tax Fairness and Deficit Reduction Act of 1995
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/104th-congress/house-bill/199
- Open data entity: https://api.congress.gov/v3/bill/104/hr/199
- us · 104-hr-199 · source updated 21 August 2025