HR 1747
112th Congress
House
Taxation
Business investment and capital
General agriculture matters
Income tax deductions
To amend the Internal Revenue Code of 1986 to make permanent the rule treating certain farming business machinery and equipment as 5-year property.
Introduced: May 5, 2011
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 5, 2011
Referred to the House Committee on Ways and Means.
May 5, 2011
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to make permanent the classification of certain farming business machinery and equipment as five-year property for purposes of the tax deduction for depreciation.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1