113 HR 2731 IH: Songwriters Tax Simplification Reauthorization Act U.S. House of Representatives 2013-07-18 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 113th CONGRESS 1st Session H. R. 2731 IN THE HOUSE OF REPRESENTATIVES July 18, 2013 Mrs. Blackburn (for herself, Mr. Cooper, Mr. Cohen, Mr. Roe of Tennessee, Mr. Fleischmann, Mr. Coble, Mr. Guthrie, Mr. Gohmert, Mr. Deutch, and Mr. Fincher) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to make permanent the rule providing 5-year amortization of expenses incurred in creating or acquiring music or music copyrights.

1.

Short title

This Act may be cited as the Songwriters Tax Simplification Reauthorization Act.

2.

Special rule for amortization of musical works and copyrights made permanent

(a)

In general

Paragraph (8) of section 167(g) of the Internal Revenue Code of 1986 is amended by striking subparagraph (E). (b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2010.