US HB4743 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on May 23 2014 - 25% progression, died in committee
Action: 2014-05-23 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Bonus Depreciation Extension Act of 2014 - Amends the Internal Revenue Code to extend: (1) through 2015, the additional 50% depreciation allowance (bonus depreciation) for business property (through 2016, for property having longer production periods and for transportation property); and (2) the election to increase the alternative minimum tax (AMT) credit in lieu of bonus depreciation by extending to January 1, 2016, the placed-in-service requirement for property eligible for such election (January 1, 2017, for property having longer production periods and for transportation property).

Tracking Information

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Title

Bonus Depreciation Extension Act of 2014

Sponsors


History

DateChamberAction
2014-05-23HouseReferred to the House Committee on Ways and Means.

Same As/Similar To

HB4718 (Related) 2014-07-15 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 465.
HB4 (Related) 2014-11-13 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 597.
HB5360 (Related) 2014-09-15 - Referred to the Subcommittee on Public Lands and Environmental Regulation.

Subjects


US Congress State Sources


Bill Comments

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