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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.

Introduced: March 12, 2014 Introduced by: Kelly, Mike Republican · Pennsylvania See on congress.gov
 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 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 12, 2014

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1