United States · Bill · S
S. 1656 (99th)
A bill to amend the Internal Revenue Code of 1954 to allow an amortization deduction for bus operating rights based on a 60-month period.
Introduced
18 September 1985
Last action
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Status
Committee on Finance requested executive comment from OMB, Treasury Department.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Amends the Internal Revenue Code to allow an amortization deduction, based on a period of 60 months, for bus operating authorities held by the taxpayer on November 19, 1982, or acquired under a binding contract in effect on that date.
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 18 September 1985
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/senate-bill/1656
- Open data entity: https://api.congress.gov/v3/bill/99/s/1656