H.R. 3213 · 114th Congress
Fixed Asset Relief Act of 2015
- Stage
- In committee
- Sponsor
- Roger Williams
- Introduced
- 2015-07-23
- Latest action
- 2015-07-23 · Introduced in House
Summary
Fixed Asset Relief Act of 2015
This bill amends the Internal Revenue Code to increase the additional depreciation allowance (bonus depreciation) from 50% to 100% of the adjusted basis of qualifying business property and to make such increased allowance permanent.