US SB3510 | 2009-2010 | 111th Congress
Status
Spectrum: Slight Partisan Bill (Republican 10-6)
Status: Introduced on June 17 2010 - 25% progression, died in chamber
Action: 2010-06-17 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 17 2010 - 25% progression, died in chamber
Action: 2010-06-17 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to make permanent the 15-year recovery period classification for qualified leasehold improvement, restaurant, and retail improvement property, for purposes of the depreciation tax deduction.
Title
A bill to amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property.
Sponsors
Sen. Thad Cochran [R-MS] | Sen. Kent Conrad [D-ND] | Sen. John Cornyn [R-TX] | Sen. Mike Crapo [R-ID] |
Sen. Lindsey Graham [R-SC] | Sen. Kay Hagan [D-NC] | Sen. Kay Hutchison [R-TX] | Sen. James Inhofe [R-OK] |
Sen. Mary Landrieu [D-LA] | Sen. George LeMieux [R-FL] | Sen. Robert Menendez [D-NJ] | Sen. Patty Murray [D-WA] |
Sen. Bill Nelson [D-FL] | Sen. Olympia Snowe [R-ME] | Sen. David Vitter [R-LA] | Sen. Roger Wicker [R-MS] |
History
Date | Chamber | Action |
---|---|---|
2010-06-17 | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4306 (Related) 2009-12-14 - Referred to the House Committee on Ways and Means.
Subjects
Business investment and capital
Food industry and services
Income tax deductions
Retail and wholesale trades
Taxation
Food industry and services
Income tax deductions
Retail and wholesale trades
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/111th-congress/senate-bill/3510/all-info |
Text | https://www.congress.gov/111/bills/s3510/BILLS-111s3510is.pdf |