To amend the Internal Revenue Code of 1986 to extend for one year the 15-year straight-line cost recovery for qualified leasehold improvements, qualified restaurant buildings and improvements, and qualified retail improvements.

Summary

Amends the Internal Revenue Code to extend through 2014 the classification, for depreciation purposes, of leasehold, restaurant buildings, and retail improvements as 15-year property.

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

Timeline

1. 28 January 2014

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 28 January 2014

   Introduced

   Introduced in House

   Source: IntroReferral

3. 28 January 2014

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 28 January 2014 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 28 January 2014

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 28 January 2014

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 28 January 2014

  Open at official source

Sponsors

• Rep. Grayson, Alan [D-FL-9] · D · Sponsor
• · hswm00 · Standing

Related records

• related to ← Invest in United States Act of 2014
• related to ← 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.
• related to ← Tax Increase Prevention Act of 2014
• 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.
• related to ← Small Business Tax Certainty and Growth Act of 2013
• related to ← Tax Extenders Act of 2013