HR 3857 · 97th Congress · Taxation
A bill to provide that the tax treatment by certain lessors of automobiles and trucks as depreciable property shall not be disturbed without legislative action.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1981-06-09)
Plain Language Summary
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Requires that, unless otherwise provided by law, a lessor of automobiles or trucks be permitted to continue to treat such property as depreciable property without regard to the presence in a lease of a terminal adjustment clause.…
Summarized by Claude AI · Non-partisan · For informational purposes only