HR 5063 · 106th Congress · Taxation

To amend the Internal Revenue Code of 1986 to enhance the competitiveness of the United States leasing industry.

Introduced 2000-07-27· Sponsored by Rep. McCrery, Jim [R-LA-4]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2000-07-27)

Plain Language Summary

[AI summary unavailable — showing source text] Amends Internal Revenue Code provisions concerning the accelerated cost recovery system to provide that the alternative depreciation system shall be used for tangible property leased to a foreign person or entity.…

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