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United States · Bill · S

S. 110 (96th)

Small Business Depreciation Reform Act of 1979

referredUnited States· United States Congress· EN

Introduced

23 January 1979

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Small Business Depreciation Reform Act of 1979 - Amends the Internal Revenue Code to allow the straight line depreciation based on a period of 36 months of business property with a useful life of three years or more and a basis not in excess of $25,000.

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Documents

1 official file

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Sources

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