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S 687 112th Congress Senate Taxation Business investment and capital Food industry and services Income tax deductions Retail and wholesale trades

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.

Introduced: March 30, 2011 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
Mar 30, 2011
Read twice and referred to the Committee on Finance.
Mar 30, 2011
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now March 30, 2011

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1
 Cosponsors 8
All 8 Democratic 2 Republican 6