S.2258: Songwriters Tax Simplification Reauthorization Act

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about taxation
  • Introduced March 29, 2012
  • Latest Major Action March 29, 2012

Bill Summary

Songwriters Tax Simplification Reauthorization Act - Amends the Internal Revenue Code, with respect to the tax deduction for depreciation, to make permanent the taxpayer election to amortize over a five-year period expenses incurred in creating or acquiring a musical composition or any copyright with respect to such composition.

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
March 29, 2012

Introduced in the Senate by Olympia J. Snowe (R-Maine)

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