S. 494 · 113th Congress

A bill to amend the Internal Revenue Code of 1986 to expand the types of livestock for which bonus depreciation is available.

Stage
In committee
Introduced
2013-03-07
Latest action
2013-03-07 · Introduced in Senate

Summary

Amends the Internal Revenue Code to allow the special depreciation allowance (bonus depreciation) for dairy producing calves and cows purchased for business use, regardless of whether the original use of such livestock commenced with another taxpayer.