Skip to main content
S 1149 117th Congress Senate Taxation Business investment and capital Income tax deductions Indian social and development programs Minority and disadvantaged businesses

A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation.

Introduced: April 15, 2021 See on congress.gov
Sign in to write a letter Sign in to watch
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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 15, 2021
Read twice and referred to the Committee on Finance.
Apr 15, 2021
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

This bill modifies the requirements for calculating taxable income to make permanent the special depreciation rules for property used predominantly within an Indian reservation. (Under current law, the rules expired after 2021.)

What's happening now April 15, 2021

Read twice and referred to the Committee on Finance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 3
R
Murkowski, Lisa
Alaska · Apr 20, 2021
 R
Lummis, Cynthia M.
Wyoming · Apr 15, 2021
 R
Rounds, Mike
South Dakota · Apr 15, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1149: A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation.. 117th Congress. Open America. https://openamerica.io/bill/117-S-1149/
MLA
"S. 1149: A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation.." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-1149/.
Bluebook (legal)
S. 1149, 117th Cong. (2026), https://openamerica.io/bill/117-S-1149/.
Markdown link
[S. 1149: A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation.](https://openamerica.io/bill/117-S-1149/)
Report a problem