United States · Bill · HR
H.R. 3284 (98th)
A bill to amend the Internal Revenue Code of 1954 to allow an amortization deduction for bus operating rights based on a 60-month period.
Introduced
13 June 1983
Last action
—
Status
Subcommittee Hearings Held.
Sponsors
—
Subjects
Discovery layer
Source updated
7 February 2024
Summary
Amends the Internal Revenue Code to allow an amortization deduction, based on a period of 60 months, for bus operating authorities held by the taxpayer on November 19, 1982, or acquired under a binding contract in effect on that date. Limits the aggregate amount of such deduction to $5,000,000.
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Documents
1 official file
Introduced in House
summary · EN · 13 June 1983
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/98th-congress/house-bill/3284
- Open data entity: https://api.congress.gov/v3/bill/98/hr/3284