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
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
Plain-English summary
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
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.
Committees of jurisdiction
1