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- H.R.2014
H.R.2014: Leasehold Improvement Depreciation Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced April 24, 2007
- Latest Major Action April 24, 2007
Bill Sponsor
Bill Cosponsors
13 (7 Democrats, 7 Republicans)
Bill Summary
Leasehold Improvement Depreciation Act of 2007 - Amends the Internal Revenue Code to: (1) make permanent the accelerated depreciation of qualified leasehold improvement property (i.e., a 15-year recovery period); and (2) modify the rule for determining the adjustment to earnings and profits for depreciation of such property.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| April 24, 2007 |
Introduced in the House by Joseph Crowley (D-N.Y.) |