US SB1801 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on July 16 2015 - 25% progression, died in committee
Action: 2015-07-16 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 16 2015 - 25% progression, died in committee
Action: 2015-07-16 - 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. Charles Schumer [D-NY] | Sen. Jon Tester [D-MT] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-07-16 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
SB2202 (Same As) 2015-10-22 - Read twice and referred to the Committee on Finance.
HB4474 (Related) 2016-02-04 - Referred to the House Committee on Ways and Means.
HB4474 (Related) 2016-02-04 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/1801/all-info |
| Text | https://www.congress.gov/114/bills/s1801/BILLS-114s1801is.pdf |
