H.R. 4940 · 113th Congress
Tax Equality for Entrepreneurs Act
- Stage
- In committee
- Sponsor
- Grace Meng
- Introduced
- 2014-06-23
- Latest action
- 2014-06-23 · Introduced in House
Summary
Tax Equality for Entrepreneurs Act - Amends the Internal Revenue Code to make permanent: (1) accelerated depreciation (15-year cost recovery) of qualified leasehold and retail improvement property and qualified restaurant property; and (2) the election to expense such property.