United States · Bill · HR
H.R. 14930 (94th)
A bill to amend section 167 (k) of the Internal Revenue Code of 1954.
Introduced
28 July 1976
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Extends for two years that provision of the Internal Revenue Code which allows expenses relating to the rehabilitation of low income rental housing to be depreciated over a 60 month period (rather than the useful life of the property). Increases the maximum amount of expenditures which can be depreciated in such manner from $15,000 to $20,000.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 28 July 1976
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/94th-congress/house-bill/14930
- Open data entity: https://api.congress.gov/v3/bill/94/hr/14930