United States · Bill · S
S. 702 (97th)
A bill to allow an income deduction for certain motor carrier operating authorities to offset the impact of the Motor Carrier Reform Act of 1980.
Introduced
12 March 1981
Last action
—
Status
Subcommittee on Taxation and Debt Management. Hearings held.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Allows motor carriers an income tax deduction for the value of motor carrier operating authorities rendered worthless by deregulation or $50,000, whichever is greater. Requires the deduction of such amount over a 36 month period.
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Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 12 March 1981
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/senate-bill/702
- Open data entity: https://api.congress.gov/v3/bill/97/s/702