United States · Bill · S
S. 1281 (93rd)
A bill relating to the allowance of a depreciation deduction.
Introduced
19 March 1973
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Allows a depreciation deduction under the Internal Revenue Code to a taxpayer, for the reasonable allowance for the exhaustion, wear, and tear of property used in a trade, or business, or of property held for the production of income. (Amends 26 U.S.C. 167(a))
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 19 March 1973
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/senate-bill/1281
- Open data entity: https://api.congress.gov/v3/bill/93/s/1281