S. 749 · 113th Congress
A bill to amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property.
- Stage
- In committee
- Sponsor
- Bob Casey
- Introduced
- 2013-04-17
- Latest action
- 2013-04-17 · Introduced in Senate
Summary
Amends the Internal Revenue Code to make permanent the 15-year recovery period classification for qualified leasehold improvement, restaurant, and retail improvement property, for purposes of the depreciation tax deduction.