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- S.1791
S.1791: Economic Security and Recovery Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about congress
- Introduced Dec. 10, 2001
- Latest Major Action Dec. 10, 2001
Bill Sponsor
Bill Summary
Economic Security and Recovery Act of 2001 - Amends the Internal Revenue Code to allow an additional first year 20 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 payroll tax holiday period for the period...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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Dec. 10, 2001 |
Introduced in the Senate by Pete V. Domenici (R-N.M.) |