US HB4940 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 23 2014 - 25% progression, died in committee
Action: 2014-06-23 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 23 2014 - 25% progression, died in committee
Action: 2014-06-23 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Tax Equality for Entrepreneurs Act - Amends the Internal Revenue Code to make permanent: (1) accelerated depreciation (15-year cost recovery) of qualified leasehold and retail improvement property and qualified restaurant property; and (2) the election to expense such property.
Title
Tax Equality for Entrepreneurs Act
Sponsors
Rep. Grace Meng [D-NY] |
History
Date | Chamber | Action |
---|---|---|
2014-06-23 | House | Referred to the House Committee on Ways and Means. |
Subjects
Business investment and capital
Food industry and services
Income tax deductions
Real estate business
Retail and wholesale trades
Taxation
Food industry and services
Income tax deductions
Real estate business
Retail and wholesale trades
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/4940/all-info |
Text | https://www.congress.gov/113/bills/hr4940/BILLS-113hr4940ih.pdf |