H.R. 4012 · 111th Congress
To amend the Internal Revenue Code of 1986 to provide a 5-year recovery period for new nonresidential real property, and a 10-year recovery period for qualified leasehold improvement property, placed in service after December 31, 2009, and before January 1, 2012.
- Stage
- In committee
- Sponsor
- Todd Tiahrt
- Introduced
- 2009-11-03
- Latest action
- 2009-11-03 · Introduced in House
Summary
Amends the Internal Revenue Code to allow a 5-year recovery period for depreciation purposes for nonresidential real property and a 10-year recovery period for qualified leasehold property placed in service after December 31, 2009, and before January 1, 2012.