S. 1422 · 115th Congress
Agriculture Equipment and Machinery Depreciation Act
- Stage
- In committee
- Sponsor
- Amy Klobuchar
- Introduced
- 2017-06-22
- Latest action
- 2017-06-22 · Introduced in Senate
Summary
Agriculture Equipment and Machinery Depreciation Act
This bill amends the Internal Revenue Code to eliminate the placed-in-service restriction on the depreciation of certain farming business machinery and equipment and to make permanent the five-year recovery period for such property.