Main Street Business Incentive Act of 1999

Summary

Main Street Business Incentive Act of 1999 - Amends the Internal Revenue Code (IRC) to accelerate, from taxable years beginning in 2003 to taxable years beginning after December 31, 1998, the $25,000 maximum dollar limitation applicable to the expensing of certain depreciable assets under section 179 of the IRC. Expands the definition of section 179 property (while maintaining the exclusion for air conditioning and heating units) to include any tangible property used in a trade or business.

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Timeline

1. 1 July 1999

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 1 July 1999

   Introduced

   Sponsor introductory remarks on measure. (CR S8137-8138)

   Source: IntroReferral

3. 1 July 1999

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 1 July 1999 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 1 July 1999

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 1 July 1999

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 1 July 1999

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Dorgan, Byron L. [D-ND] · D · Sponsor
• Sen. Lott, Trent [R-MS] · R · Sponsor
• Sen. Daschle, Thomas A. [D-SD] · D · Sponsor
• Sen. Nickles, Don [R-OK] · R · Sponsor
• Sen. Reid, Harry [D-NV] · D · Sponsor
• Sen. Murkowski, Frank H. [R-AK] · R · Sponsor
• Sen. Conrad, Kent [D-ND] · D · Sponsor
• Sen. Breaux, John B. [D-LA] · D · Sponsor
• Sen. Graham, Bob [D-FL] · D · Sponsor
• Sen. Kerrey, J. Robert [D-NE] · D · Sponsor
• Sen. Hagel, Chuck [R-NE] · R · Sponsor
• Sen. Harkin, Tom [D-IA] · D · Sponsor
• Sen. Durbin, Richard J. [D-IL] · D · Sponsor
• Sen. Schumer, Charles E. [D-NY] · D · Sponsor
• Sen. Cochran, Thad [R-MS] · R · Sponsor
• Sen. Craig, Larry E. [R-ID] · R · Sponsor
• Sen. Brownback, Sam [R-KS] · R · Sponsor
• Sen. Wellstone, Paul D. [D-MN] · D · Sponsor
• Sen. Edwards, John [D-NC] · D · Sponsor
• Sen. Campbell, Ben Nighthorse [R-CO] · R · Sponsor
• Sen. Johnson, Tim [D-SD] · D · Sponsor
• Sen. Bingaman, Jeff [D-NM] · D · Sponsor
• Sen. Mack, Connie, III [R-FL] · R · Sponsor
• Sen. Domenici, Pete V. [R-NM] · R · Sponsor
• Sen. Bennett, Robert F. [R-UT] · R · Sponsor
• Sen. Santorum, Rick [R-PA] · R · Sponsor
• Sen. Leahy, Patrick J. [D-VT] · D · Sponsor
• Sen. Burns, Conrad R. [R-MT] · R · Cosponsor
• Sen. Hatch, Orrin G. [R-UT] · R · Cosponsor
• Sen. Bayh, Evan [D-IN] · D · Cosponsor
• · ssfi00 · Standing

Related records

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