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HR 7229 117th Congress House Taxation Business expenses Business investment and capital Income tax deductions Real estate business

Renewing Investment in American Workers and Supply Chains Act

Introduced: March 24, 2022 See on congress.gov
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 14, 2022
ASSUMING FIRST SPONSORSHIP - Mr. Hern asked unanimous consent that he may hereafter be considered to be the first sponsor of H.R. 7229, as bill originally introduced by Representative Walorski of Indiana, for the purposes of adding cosponsors and requesting re-printings pursuant to clause 7 of rule XII. Agreed to without objection.
Mar 24, 2022
Referred to the House Committee on Ways and Means.
Mar 24, 2022
Introduced in House
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 Plain-English summary Congressional Research Service

Renewing Investment in American Workers and Supply Chains Act

This bill classifies nonresidential real property and residential rental property as 20-year property for depreciation purposes.

What's happening now November 14, 2022

ASSUMING FIRST SPONSORSHIP - Mr. Hern asked unanimous consent that he may hereafter be considered to be the first sponsor of H.R. 7229, as bill originally introduced by Representative Walorski of Indiana, for the purposes of adding cosponsors and requesting re-printings pursuant to clause 7 of rule XII. Agreed to without objection.

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 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 7229: Renewing Investment in American Workers and Supply Chains Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7229/
MLA
"H.R. 7229: Renewing Investment in American Workers and Supply Chains Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7229/.
Bluebook (legal)
H.R. 7229, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7229/.
Markdown link
[H.R. 7229: Renewing Investment in American Workers and Supply Chains Act](https://openamerica.io/bill/117-HR-7229/)
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