H.R. 2855 · 108th Congress

To amend the Internal Revenue Code of 1986 to permanently extend the 50-percent bonus depreciation added by the Jobs and Growth Tax Relief Reconciliation Act of 2003.

Stage
In committee
Introduced
2003-07-24
Latest action
2003-07-24 · Introduced in House

Summary

Amends the Internal Revenue Code to permanently extend the 50 percent bonus depreciation added by section 201 of the Jobs and Growth Tax Relief Reconciliation Act of 2003 (Public Law 108-27).