S 3709 · 93th Congress · Agriculture and Food

A bill to amend the Internal Revenue Code of 1954 to permit the amortization over a 5-year period of new facilities for the production of fertilizer.

Introduced 1974-06-27· Sponsored by Sen. Curtis, Carl T. [R-NE]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1974-06-27)

Plain Language Summary

[AI summary unavailable — showing source text] Allows under the Internal Revenue Code an amortization tax deduction over a five-year period of new facilities for the production of fertilizer, which shall be in lieu of the depreciation deduction for such facilities.…

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