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United States · Bill · HR

H.R. 4022 (95th)

Accelerated Depreciation Allowance Act

referredUnited States· United States Congress· EN

Introduced

24 February 1977

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Accelerated Depreciation Allowance Act - Amends the Internal Revenue Code to allow taxpayers to elect accelerated amortization (twice the allowable depreciation deduction) for manufacturing property placed in service in States having an unemployment rate which is greater than six percent between October 1, 1976 and October 1, 1981.

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1 official file

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