S. 394 · 114th Congress

Depreciation Fairness Act of 2015

Stage
In committee
Sponsor
Bob Casey
Introduced
2015-02-05
Latest action
2015-02-05 · Introduced in Senate

Summary

Depreciation Fairness Act of 2015

This bill amends the Internal Revenue Code to make permanent the 15-year recovery period for qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property for purposes of the tax deduction for depreciation.