HR 4407 · 96th Congress · Taxation

Patent Depreciation Act

Introduced 1979-06-11· Sponsored by Rep. LaFalce, John J. [D-NY-36]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-06-11)

Plain Language Summary

[AI summary unavailable — showing source text] Patent Depreciation Act - Amends the Internal Revenue Code to provide that research and experimental expenditures in connection with a patent may be amortized for any period of not less than 60 months.…

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

Cosponsors (14)

10 Democrats4 Republicans