Teacher:In this task, you are given a summary for US Congressional and California state bill, your task is to generate a Title for this bill. The preferred titles are under forty words and mention the purpose of the bill.
Teacher: Now, understand the problem? Solve this instance: Economic Stimulus Through Bonus Depreciation Act of 2001 - Amends the Internal Revenue Code to provide a 50 percent bonus (first-year) deduction for qualified business property (including computer software) acquired or contracted for between September 11, 2001 and July 1, 2002, and placed in service before January 1, 2003.Sets forth related provisions respecting: (1) alternative depreciation property; (2) original use; and (3) alternative minimum tax.
Student:
A bill to amend the Internal Revenue Code of 1986 to allow a bonus deduction for depreciable business assets.