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.

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 30 March 2011

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 30 March 2011

   Introduced

   Introduced in House

   Source: IntroReferral

3. 30 March 2011

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 30 March 2011 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 30 March 2011

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 30 March 2011

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 30 March 2011

  Open at official source

Sponsors

• Rep. Gerlach, Jim [R-PA-6] · R · Sponsor
• Richard Neal · D · Sponsor
• Rep. Herger, Wally [R-CA-2] · R · Cosponsor
• Rep. Austria, Steve [R-OH-7] · R · Cosponsor
• Steve Stivers · R · Cosponsor
• Rep. Kline, John [R-MN-2] · R · Cosponsor
• Rep. Akin, W. Todd [R-MO-2] · R · Cosponsor
• PATRICK TIBERI · R · Cosponsor
• Rep. Latham, Tom [R-IA-3] · R · Cosponsor
• Rep. Walberg, Tim [R-MI-5] · R · Cosponsor
• Rep. Berkley, Shelley [D-NV-1] · D · Cosponsor
• JOHN CULBERSON · R · Cosponsor
• Cynthia Lummis · R · Cosponsor
• Billy Long · R · Cosponsor
• WALTER JONES · R · Cosponsor
• Rep. Canseco, Francisco "Quico" [R-TX-23] · R · Cosponsor
• Sen. Luján, Ben Ray [D-NM] · D · Cosponsor
• Rep. Fitzpatrick, Michael G. [R-PA-8] · R · Cosponsor
• Rep. Ellmers, Renee L. [R-NC-2] · R · Cosponsor
• Rep. Young, C. W. Bill [R-FL-6] · R · Cosponsor
• David McKinley · R · Cosponsor
• Rep. Burton, Dan [R-IN-6] · R · Cosponsor
• Sen. Welch, Peter [D-VT] · D · Cosponsor
• Bill Posey · R · Cosponsor
• Bill Johnson · R · Cosponsor
• Rep. Boustany, Charles W., Jr. [R-LA-3] · R · Cosponsor
• Ken Calvert · R · Cosponsor
• Rep. Manzullo, Donald A. [R-IL-16] · R · Cosponsor
• Lynn Jenkins · R · Cosponsor
• Kenny Marchant · R · Cosponsor
• Rep. Rehberg, Denny [R-MT-At Large] · R · Cosponsor
• Rep. Bilirakis, Gus M. [R-FL-12] · R · Cosponsor
• Rep. Schock, Aaron [R-IL-18] · R · Cosponsor
• Erik Paulsen · R · Cosponsor
• Rep. Schilling, Robert T. [R-IL-17] · R · Cosponsor
• Devin Nunes · R · Cosponsor
• Rep. Grimm, Michael G. [R-NY-11] · R · Cosponsor
• Rep. Holden, Tim [D-PA-17] · D · Cosponsor
• Brett Guthrie · R · Cosponsor
• Rep. Boren, Dan [D-OK-2] · D · Cosponsor
• Rep. Bachus, Spencer [R-AL-6] · R · Cosponsor
• Dennis Ross · R · Cosponsor
• JOSEPH CROWLEY · D · Cosponsor
• Lou Barletta · R · Cosponsor
• Gwen Moore · D · Cosponsor
• Colleen Hanabusa · D · Cosponsor
• Marcia Fudge · D · Cosponsor
• Mario Diaz-Balart · R · Cosponsor

Showing 48 of 119 sponsors and actors.

Related records

• related to ← 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.