S 2815 · 95th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to increase the class life variance for depreciation purposes.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1978-03-23)
Plain Language Summary
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Amends the Internal Revenue Code to increase from 20 percent to 40 percent the permissable variance from the useful life of property established by the Secretary of the Treasury for depreciation purposes.…
Summarized by Claude AI · Non-partisan · For informational purposes only