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HR 4940 113th Congress House Taxation Business investment and capital Food industry and services Income tax deductions Real estate business Retail and wholesale trades

Tax Equality for Entrepreneurs Act

Introduced: June 23, 2014 Introduced by: Meng, Grace Democratic · New York 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
Jun 23, 2014
Referred to the House Committee on Ways and Means.
Jun 23, 2014
Introduced in House
 Plain-English summary Congressional Research Service

Tax Equality for Entrepreneurs Act - Amends the Internal Revenue Code to make permanent: (1) accelerated depreciation (15-year cost recovery) of qualified leasehold and retail improvement property and qualified restaurant property; and (2) the election to expense such property.

What's happening now June 23, 2014

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1