HR 4212
113th Congress
House
Taxation
Business investment and capital
Food industry and services
Income tax deductions
Retail and wholesale trades
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.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 12, 2014
Referred to the House Committee on Ways and Means.
Mar 12, 2014
Introduced in House
Plain-English 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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1