HR 4134 · 105th Congress · Taxation

To amend the Internal Revenue Code of 1986 to permit year 2000 computer conversion costs to be expensed by small businesses under section 179 and to provide a $20,000 increase in the limitation under section 179 for such costs.

Introduced 1998-06-24· Sponsored by Rep. Thurman, Karen L. [D-FL-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1998-06-24)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to: (1) permit Year 2000 computer problem conversion costs to be expensed; and (2) increase, for 1998 and 1999, the limitation for such costs.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (10)

10 Democrats