US SB749 | 2013-2014 | 113th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on April 17 2013 - 25% progression, died in committee
Action: 2013-04-17 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 17 2013 - 25% progression, died in committee
Action: 2013-04-17 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
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. Robert Casey [D-PA] | Sen. Mark Begich [D-AK] | Sen. Roy Blunt [R-MO] | Sen. Sherrod Brown [D-OH] |
Sen. Richard Burr [R-NC] | Sen. Thad Cochran [R-MS] | Sen. Susan Collins [R-ME] | Sen. John Cornyn [R-TX] |
Sen. Mike Crapo [R-ID] | Sen. Kay Hagan [D-NC] | Sen. Dean Heller [R-NV] | Sen. James Inhofe [R-OK] |
Sen. Angus King [I-ME] | Sen. Amy Klobuchar [D-MN] | Sen. Mary Landrieu [D-LA] | Sen. Robert Menendez [D-NJ] |
Sen. Barbara Mikulski [D-MD] | Sen. James Risch [R-ID] | Sen. Pat Roberts [R-KS] | Sen. Debbie Stabenow [D-MI] |
Sen. Jon Tester [D-MT] | Sen. David Vitter [R-LA] | Sen. Roger Wicker [R-MS] |
History
Date | Chamber | Action |
---|---|---|
2013-04-17 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4212 (Related) 2014-03-12 - Referred to the House Committee on Ways and Means.
HB3939 (Related) 2014-06-13 - Referred to the Subcommittee on Workforce Protections.
HB3948 (Related) 2014-01-28 - Referred to the House Committee on Ways and Means.
HB3939 (Related) 2014-06-13 - Referred to the Subcommittee on Workforce Protections.
HB3948 (Related) 2014-01-28 - 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/113th-congress/senate-bill/749/all-info |
Text | https://www.congress.gov/113/bills/s749/BILLS-113s749is.pdf |