HR 5123 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to repeal the special leasing provisions enacted by the Economic Recovery Tax Act of 1981.

Introduced 1981-12-07· Sponsored by Rep. Neal, Stephen L. [D-NC-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-12-07)

Plain Language Summary

[AI summary unavailable — showing source text] Repeals provisions of the Economic Recovery Tax Act of 1981 which set forth special rules for the leasing of depreciable business property between corporations.…

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

Cosponsors (2)

1 Democrat1 Republican
Rep. Duncan, John J. [R-TN-2]TN
Rep. Luken, Thomas A. [D-OH-2]OH