H.R. 1339 · 108th Congress

Neutral Cost Recovery Act of 2003

Stage
In committee
Sponsor
Nick Smith
Introduced
2003-03-18
Latest action
2003-03-18 · Introduced in House

Summary

Neutral Cost Recovery Act of 2003 - Amends the Internal Revenue Code to require that the depreciation deduction for tangible property placed in service after 2003 be computed using neutral cost recovery ratios.