S. 364 — Main Street Business Incentive Act of 2001

Summary

Main Street Business Incentive Act of 2001 - Amends the Internal Revenue Code to make the $25, 000 (maximum) annual deduction of section 179 depreciable business property available in tax year 2001, rather than 2003. Expands the definition of such property.

Full Text

Legislative Actions

2001-02-15
Introduced in Senate
2001-02-15
Sponsor introductory remarks on measure. (CR S1502-1503)
2001-02-15
Read twice and referred to the Committee on Finance.

Main Street Business Incentive Act of 2001

Sponsors

Subjects

Summary

Full Text

Legislative Actions

Ask about this bill