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HR 827 110th Congress House Taxation Commerce Depreciation and amortization Income tax New York City Tax deductions

Bonus Depreciation Extension Act of 2007

Introduced: February 5, 2007 Introduced by: Wilson, Joe Republican · South Carolina See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 5, 2007
Referred to the House Committee on Ways and Means.
Feb 5, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Bonus Depreciation Extension Act of 2007 - Amends the Internal Revenue Code to extend, for two additional years, special depreciation allowances (bonus depreciation) for: (1) certain investment property acquired after September 10, 2001 (30 percent depreciation property); (2) certain investment property acquired after May 5, 2003 (50 percent depreciation property); and (3) New York Liberty Zone property.

What's happening now February 5, 2007

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1