legislation: 109-s-3974
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 109-s-3974 | 109 | s | 3974 | A bill to permit a special amortization deduction for intangible assets acquired from eligible small businesses to take account of the actual economic useful life of such assets and to encourage growth in industries for which intangible assets are an important source of revenue. | Taxation | 2006-09-28 | 2006-09-28 | Read twice and referred to the Committee on Finance. | Senate | Sen. Bunning, Jim [R-KY] | KY | R | B001066 | 1 | Amends the Internal Revenue Code to allow a special amortization tax deduction for up to $5 million of the intangible property acquired from an eligible small business (i.e., gross receipts not exceeding $5 million for the three preceding taxable years) after December 31, 2005. | 2023-01-12T17:52:03Z |