A bill to amend the Internal Revenue Code of 1954 to permit small businesses to elect to depreciate not more than $100,000 annually on a 3 year straight line basis.
Jobs Creation Act of 1979 - Amends the Internal Revenue Code to permit depreciation of tangible personal property with a basis of less than $100,000 on a 36 month basis under the straight line method.
Introduced in Senate
Referred to Senate Committee on Finance.
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