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HR 3213 114th Congress House Taxation Business investment and capital Income tax deductions

Fixed Asset Relief Act of 2015

Introduced: July 23, 2015 Introduced by: Williams, Roger Republican · Texas 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
Jul 23, 2015
Referred to the House Committee on Ways and Means.
Jul 23, 2015
Introduced in House
 Plain-English summary Congressional Research Service

Fixed Asset Relief Act of 2015

This bill amends the Internal Revenue Code to increase the additional depreciation allowance (bonus depreciation) from 50% to 100% of the adjusted basis of qualifying business property and to make such increased allowance permanent.

What's happening now July 23, 2015

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1