A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation.

Summary

This bill amends the Internal Revenue Code to make permanent the special depreciation rules for property used predominantly within an Indian reservation and to permit a taxpayer to elect not to have such rules apply to any class of property for any taxable year.

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

Timeline

1. 15 April 2015

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 15 April 2015

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 15 April 2015 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 15 April 2015

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 15 April 2015

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 15 April 2015

  Open at official source

Sponsors

• Rep. Inhofe, James M. [R-OK-1] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation, and for other purposes.