H.R.3501: Economic Recovery Act of 2001

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about congress
  • Introduced Dec. 13, 2001
  • Latest Major Action April 5, 2002

Bill Sponsor

Bill Summary

Economic Recovery Act of 2001 - Amends the Internal Revenue Code to allow an additional first year 30 percent depreciation allowance for property which has a recovery period of 20 years or less, is water utility property, or computer software and which was acquired after September 10, 2001, and before September 11, 2004, and is placed in service before January 1, 2005.Provides for a supplemental rebate for individuals who, before October 16,...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Ways and Means
Referred to House Energy and Commerce
Referred to House Education and the Workforce
Referred to the Subcommittee on Health, for a period to be subsequently determined by the Chairman.
Referred to the Subcommittee on Employer-Employee Relations.
Referred to the Subcommittee on 21st Century Competitiveness.
Dec. 13, 2001

Introduced in the House by Adam Smith (D-Wash.)

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