Expresses the sense of the House of Representatives that any legislation with respect to the amortization of goodwill and certain other intangibles for Federal income tax purposes should contain a provision permitting taxpayers to elect in a consistent manner the provisions of such legislation with respect to transactions after that date on which H.R. 3035, 102d Congress, was introduced and before the effective date of such legislation.
Pocket Vetoed by President.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported.
Reported by the Committee on Ways and Means. H. Rept. 102-376.
Reported by the Committee on Ways and Means. H. Rept. 102-376.
Placed on the House Calendar, Calendar No. 87.
Mr. Rostenkowski moved to suspend the rules and agree to the resolution.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate.
Passed/agreed to in House: On motion to suspend the rules and agree to the resolution Agreed to by voice vote.
On motion to suspend the rules and agree to the resolution Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
See H.R.11.
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