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- H.R.3500
H.R.3500: To amend the Internal Revenue Code of 1986 to provide a shorter recovery period for the depreciation of certain leasehold improvements.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced March 18, 1998
- Latest Major Action March 18, 1998
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
13 (7 Democrats, 7 Republicans)
Bill Summary
Amends the Internal Revenue Code to classify qualified leasehold improvement property (defined as certain improvements made to an interior portion of nonresidential real property) as ten-year property for depreciation purposes under the Accelerated Cost Recovery System.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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March 18, 1998 |
Introduced in the House by E. Clay Shaw (R-Fla.) |