Congress: 108th

Sponsor: Representative Foley, Mark (03/12/2003)

Committees: House - Ways and Means

Description: 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.

Lastest Action: 03/12/2003 Referred to the House Committee on Ways and Means.  (All Actions)

Official: H.R.1222 -- 108th Congress