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United States · Bill · S

S. 1422 (115th)

Agriculture Equipment and Machinery Depreciation Act

referredUnited States· United States Congress· EN

Introduced

22 June 2017

Last action

22 June 2017 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Klobuchar, Amy [D-MN], Sen. Roberts, Pat [R-KS], Sen. Tester, Jon [D-MT]

Subjects

Agriculture, Taxation

Source updated

11 August 2025

Agriculture · Taxation

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.

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

Timeline

  1. 22 June 2017

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 22 June 2017

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 22 June 2017

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 22 June 2017

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 22 June 2017

    Open at official source

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Sponsors

Related records

Sources

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