HR 1507 · 107th Congress · Taxation

Small Business Franchise Property Recovery Act of 2001

Introduced 2001-04-04· Sponsored by Rep. Ramstad, Jim [R-MN-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-04-04)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business Franchise Property Recovery Act of 2001 - Amends the Internal Revenue Code to establish certain franchise operations as 15-year property under the accelerated cost recovery system.…

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

Cosponsors (20)

6 Democrats13 Republicans1 Independent
Rep. Lewis, Ron [R-KY-2]KY
Rep. Thurman, Karen L. [D-FL-5]FL
Rep. Goode, Virgil H., Jr. [I-VA-5]VA
Rep. Everett, Terry [R-AL-2]AL
Rep. Stump, Bob [R-AZ-3]AZ
Rep. Ehrlich, Robert L., Jr. [R-MD-2]MD
Rep. Blunt, Roy [R-MO-7]MO
Rep. Maloney, James H. [D-CT-5]CT
Rep. Baldacci, John Elias [D-ME-2]ME
Rep. Gutknecht, Gil [R-MN-1]MN
Rep. Hutchinson, Asa [R-AR-3]AR
Rep. Shadegg, John B. [R-AZ-4]AZ
Rep. Dreier, David [R-CA-28]CA
Rep. Hayworth, J. D. [R-AZ-6]AZ
Rep. McCollum, Betty [D-MN-4]MN
Rep. Kolbe, Jim [R-AZ-5]AZ
Rep. Doolittle, John T. [R-CA-4]CA
Rep. McGovern, James P. [D-MA-3]MA
Rep. Bentsen, Ken [D-TX-25]TX
Rep. Nethercutt, George R., Jr. [R-WA-5]WA