US SB1422 | 2017-2018 | 115th Congress
Status
Sponsorship: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on June 22 2017 - 25% progression, died in committee
Action: 2017-06-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 22 2017 - 25% progression, died in committee
Action: 2017-06-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Agriculture Equipment and Machinery Depreciation Act This bill amends the Internal Revenue Code to eliminate the placed-in-service restriction on the depreciation of certain farming business machinery and equipment and to make permanent the five-year recovery period for such property.
Title
Agriculture Equipment and Machinery Depreciation Act
Sponsors
| Sen. Amy Klobuchar [D-MN] | Sen. Pat Roberts [R-KS] | Sen. Jon Tester [D-MT] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-06-22 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3455 (Related) 2017-07-27 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/1422/all-info |
| Text | https://www.congress.gov/115/bills/s1422/BILLS-115s1422is.pdf |
