HR 5313
116th Congress
House
Taxation
Business investment and capital
Housing industry and standards
Income tax deductions
Multifamily Depreciation Parity Act of 2019
Introduced: December 5, 2019
Introduced by:
Morelle, Joseph D.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 5, 2019
Referred to the House Committee on Ways and Means.
Dec 5, 2019
Introduced in House
Plain-English summary
Multifamily Depreciation Parity Act of 2019
This bill allows the depreciation of certain residential rental property placed in service prior to January 1, 2018, over a 30-year period (currently, such property is subject to a 40-year depreciation period).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1