HR 5213 · 106th Congress · Taxation
To amend the Internal Revenue Code of 1986 to repeal the extended recovery period applicable to the depreciation of tax-exempt use property leased to foreign persons or entities.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2000-09-19)
Plain Language Summary
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Amends the Internal Revenue Code to repeal, for foreign persons or entities, the extended recovery period applicable to the tax-exempt use of property available under the alternative depreciation system for certain properties.…
Summarized by Claude AI · Non-partisan · For informational purposes only