S.470: A bill to amend the Internal Revenue Code of 1986 to make a technical correction relating to the depreciation on property used within an Indian reservation.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about taxation
  • Introduced March 18, 1997
  • Latest Major Action March 18, 1997

Bill Summary

Amends Internal Revenue Code provisions relating to depreciation to modify, for provisions concerning property on Indian reservations, the definition of "Indian reservation" to eliminate a reference to the definition of that term in the Indian Financing Act of 1974. Makes the change effective as if it had been included in the Revenue Reconciliation Act of 1993.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
March 18, 1997

Introduced in the Senate by William V. Roth Jr. (R-Del.)

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