Changes to software dev tax Section 174 reverted

Relevant quote from article “Three business tax deductions would be made permanent. That includes the ability to use depreciation and amortization as the basis for interest expensing, the research and development write-off”

from the bill itself on page 795

“SOFTWARE DEVELOPMENT- For purposes of this section, any amount paid or incurred in connection with the development of any software shall be treated as a research or experimental expenditure.”

https://www.congress.gov/119/bills/hr1/BILLS-119hr1eh.pdf

Relevant articles

https://news.ycombinator.com/item?id=44180533

@dang if there’s a more relevant article feel free to change the link