Accelerated Depreciation Allowance Act

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 6 April 1977

   Introduced

   Introduced in House

   Source: IntroReferral

2. 6 April 1977

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

3. 6 April 1977

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 6 April 1977

  Open at official source

Sponsors

• Rep. Jeffords, James M. [R-VT-At Large] · R · Sponsor
• · hswm00 · Standing

Related records

• related to → Accelerated Depreciation Allowance Act