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H R 2981 in Congressional Session 107

Official Summary

 

Bill Number : H R 2981
 

Title : To amend the Internal Revenue Code of 1986 to establish a 2-year recovery period for depreciation of computers and other technological equipment, a 24-month useful life for depreciation of computer software, and a 7-year useful life for depreciation of certain auction-acquired telecommunications licenses.
 

SUMMARY AS OF:
10/2/2001--Introduced. Amends the Internal Revenue Code to establish a two year recovery period for depreciation of computers and other technological equipment. Reduces the recovery period from five to two years under the alternative depreciation system for certain property ( tax-exempt use property, etc.). Reduces the useful life for depreciation of computer software from 36 to 24 months.Establishes a seven year useful life for depreciation of certain auction-acquired telecommunications licences.

Votes

Title : To amend the Internal Revenue Code of 1986 to establish a 2-year recovery period for depreciation of computers and other technological equipment, a 24-month useful life for depreciation of computer software, and a 7-year useful life for depreciation of certain auction-acquired telecommunications licenses.
Votes in the US Senate
This Bill was not Voted in the US Senate
Votes in the US House
This Bill was not Voted in the US House

Sponsors

 
Congressional Sponsors of H R 2981
 
Bill Number : H R 2981
Title : To amend the Internal Revenue Code of 1986 to establish a 2-year recovery period for depreciation of computers and other technological equipment, a 24-month useful life for depreciation of computer software, and a 7-year useful life for depreciation of certain auction-acquired telecommunications licenses.
Sponsor: Rep Upton, Fred [MI-6] (introduced 10/2/2001)      
ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Rep Armey, Richard K. [TX-26] - 10/2/2001

Rep Barton, Joe [TX-6] - 10/2/2001

Rep Bass, Charles F. [NH-2] - 10/2/2001

Rep Bilirakis, Michael [FL-9] - 10/2/2001

Rep Blunt, Roy [MO-7] - 10/3/2001

Rep Boehlert, Sherwood [NY-23] - 10/2/2001

Rep Boehner, John A. [OH-8] - 10/2/2001

Rep Bono Mack, Mary [CA-44] - 10/2/2001

Rep Boucher, Rick [VA-9] - 10/2/2001

Rep Bryant, Ed [TN-7] - 10/3/2001

Rep Burr, Richard [NC-5] - 10/2/2001

Rep Buyer, Steve [IN-5] - 10/3/2001

Rep Camp, Dave [MI-4] - 10/2/2001

Rep Cox, Christopher [CA-47] - 10/3/2001

Rep Crane, Philip M. [IL-8] - 10/3/2001

Rep Davis, Tom [VA-11] - 10/2/2001

Rep Deal, Nathan [GA-9] - 10/3/2001

Rep DeLay, Tom [TX-22] - 10/2/2001

Rep Dreier, David [CA-28] - 10/2/2001

Rep Dunn, Jennifer [WA-8] - 10/2/2001

Rep Engel, Eliot L. [NY-17] - 10/4/2001

Rep Eshoo, Anna G. [CA-14] - 10/3/2001

Rep Foley, Mark [FL-16] - 10/2/2001

Rep Fossella, Vito [NY-13] - 10/3/2001

Rep Ganske, Greg [IA-4] - 10/3/2001

Rep Gillmor, Paul E. [OH-5] - 10/2/2001

Rep Goodlatte, Bob [VA-6] - 10/2/2001

Rep Green, Gene [TX-29] - 10/2/2001

Rep Greenwood, James C. [PA-8] - 10/2/2001

Rep Harman, Jane [CA-36] - 10/2/2001

Rep Hoekstra, Peter [MI-2] - 10/2/2001

Rep Kelly, Sue W. [NY-19] - 10/2/2001

Rep LaHood, Ray [IL-18] - 10/2/2001

Rep Largent, Steve [OK-1] - 10/3/2001

Rep Osborne, Tom [NE-3] - 11/6/2001

Rep Ose, Doug [CA-3] - 10/2/2001

Rep Peterson, John E. [PA-5] - 11/6/2001

Rep Pickering, Charles W. "Chip" [MS-3] - 10/3/2001

Rep Pitts, Joseph R. [PA-16] - 10/3/2001

Rep Portman, Rob [OH-2] - 10/2/2001

Rep Pryce, Deborah [OH-15] - 10/2/2001

Rep Radanovich, George [CA-19] - 10/2/2001

Rep Ramstad, Jim [MN-3] - 10/2/2001

Rep Rogers, Mike J. [MI-8] - 10/3/2001

Rep Sawyer, Tom [OH-14] - 10/3/2001

Rep Sessions, Pete [TX-5] - 10/2/2001

Rep Shadegg, John B. [AZ-4] - 10/3/2001

Rep Shimkus, John [IL-20] - 10/2/2001

Rep Smith, Christopher H. [NJ-4] - 10/2/2001

Rep Stearns, Cliff [FL-6] - 10/2/2001

Rep Stupak, Bart [MI-1] - 11/6/2001

Rep Tauzin, W. J. (Billy) [LA-3] - 10/2/2001

Rep Terry, Lee [NE-2] - 10/3/2001

Rep Tiberi, Patrick J. [OH-12] - 10/4/2001

Rep Watts, J. C., Jr. [OK-4] - 10/2/2001

Rep Whitfield, Ed [KY-1] - 10/2/2001

Rep Wilson, Heather [NM-1] - 10/3/2001

Other Info

Bill Number : H R 2981
Title : To amend the Internal Revenue Code of 1986 to establish a 2-year recovery period for depreciation of computers and other technological equipment, a 24-month useful life for depreciation of computer software, and a 7-year useful life for depreciation of certain auction-acquired telecommunications licenses.
 
 
ALL ACTIONS:
 
10/2/2001:Referred to the House Committee on Ways and Means.