Agriculture Equipment and Machinery Depreciation Act

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.

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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

• Introduced in Senate · 22 June 2017 · Official file

Documents

3 official files

• 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

• Introduced in Senate

  summary · EN · 22 June 2017

  Open at official source

Sponsors

• Amy Klobuchar · D · Sponsor
• Rep. Roberts, Pat [R-KS-1] · R · Sponsor
• Sen. Tester, Jon [D-MT] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to ← Fairness for Agricultural Machinery and Equipment Act
• related to ← Agriculture Equipment and Machinery Depreciation Act
• related to ← Agriculture Equipment and Machinery Depreciation Act