CTIA-The Wireless Association® Statement After President Obama Signed the Small Business Jobs Act

Bill included MOBILE Cell Phone Act of 2009 (H.R. 690) which eliminates cell phones from IRS listed property rules

WASHINGTON, Sept. 27 /PRNewswire-USNewswire/ -- CTIA-The Wireless Association® President and CEO Steve Largent released the following statement after President Barack Obama signed the Small Business Jobs Act:

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"CTIA and the wireless industry appreciate the President's swift action to sign the bill that included the MOBILE Cell Phone Act. By signing the bill into law, wireless devices are now eliminated from the IRS listed property rule, which had said that employees who used their employer-provided devices for personal use had to include it as a taxable benefit.

"We thank the President, his Administration and Congress for eliminating this arcane rule and providing consumers with some financial relief in this challenging economy."

CTIA-The Wireless Association® (www.ctia.org) is an international organization representing the wireless communications industry. Membership in the association includes wireless carriers and their suppliers, as well as providers and manufacturers of wireless data services and products. CTIA advocates on behalf of its members at all levels of government. The association also coordinates the industry's voluntary best practices and initiatives, and sponsors the industry's leading wireless tradeshows. CTIA was founded in 1984 and is based in Washington, DC.

SOURCE CTIA-The Wireless Association

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