The Senate Bailout Bill
Can be found here http://banking.senate.gov/public/_files/latestversionAYO08C32_xml.pdfI'm only scanning through it, but there's a bunch of energy related stuff, personal tax deductions in there, god knows what else.Here's my favorite so far, from page 290:
1 SEC. 317. SEVEN-YEAR COST RECOVERY PERIOD FOR MO
2 TORSPORTS RACING TRACK FACILITY.
3 (a) IN GENERAL.—Subparagraph (D) of section
4 168(i)(15) (relating to termination) is amended by strik
5 ing ‘‘December 31, 2007’’ and inserting ‘‘December 31,
6 2009’’.
7 (b) EFFECTIVE DATE.—The amendment made by
8 this section shall apply to property placed in service after
9 December 31, 2007.I'm absolutely livid right now. All this time being wasted and we're getting changes in accounting rules for the NASCAR crowd?
P
pkjensen
(view)
Can be found here http://banking.senate.gov/public/_files/latestversionAYO08C32_xml.pdfI'm only scanning through it, but there's a bunch of energy related stuff, personal tax deductions in there, god knows what else.Here's my favorite so far, from page 290:
1 SEC. 317. SEVEN-YEAR COST RECOVERY PERIOD FOR MO
2 TORSPORTS RACING TRACK FACILITY.
3 (a) IN GENERAL.—Subparagraph (D) of section
4 168(i)(15) (relating to termination) is amended by strik
5 ing ‘‘December 31, 2007’’ and inserting ‘‘December 31,
6 2009’’.
7 (b) EFFECTIVE DATE.—The amendment made by
8 this section shall apply to property placed in service after
9 December 31, 2007.I'm absolutely livid right now. All this time being wasted and we're getting changes in accounting rules for the NASCAR crowd?
