Resolution Expressing the Sense of the House of Representatives With Respect to Legislation Relating to the Amortization of Goodwill And Certain Other Intangibles Jcx-28-91

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Since the introduction of the bill, concern has been expressed that there may be situations where business transactions are being held up because of uncertainty as to when any final legislation might be enacted.
Description of Proposal A resolution would be adopted in the form of H. Res.
292, introduced by Chairman Rostenkowski on November 22, 1991. This is a resolution expressing the sense of the House of Representatives that any legislation enacted 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 the date on which H.R.

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