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United States · Bill · HR

H.R. 2402 (106th)

Small Business Franchise Tax Relief Act of 1999

referredUnited States· United States Congress· EN

Introduced

30 June 1999

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

10 February 2026

Summary

Small Business Franchise Tax Relief Act of 1999 - Amends the Internal Revenue Code to establish certain franchise operations as 15-year property under the accelerated cost recovery system (ACRS). Establishes certain qualified leasehold improvement property as 10-year ACRS property. Excepts certain franchises from the general rule pertaining to the capital gain treatment on the transfer of franchises, trademarks, and trade names.

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Documents

3 official files

Introduced in House (text)

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Sources

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