Emergency Citrus Disease Response Act

Summary

Emergency Citrus Disease Response Act This bill amends the Internal Revenue Code to allow a full deduction in the current taxable year of the cost of replanting lost or damaged citrus plants. The taxpayer must own an equity interest of at least 50% in such replanted plants and may deduct costs paid or incurred through 2025.

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Timeline

1. 2 December 2015

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 2 December 2015

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 2 December 2015 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 2 December 2015

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 2 December 2015

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 2 December 2015

  Open at official source

Sponsors

• Rep. Nelson, Bill [D-FL-11] · D · Sponsor
• Sen. Rubio, Marco [R-FL] · R · Cosponsor
• John Cornyn · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Emergency Citrus Disease Response Act
• related to → Emergency Citrus Disease Response Act of 2016