H.R.827: Bonus Depreciation Extension Act of 2007

About This Bill

Bill Sponsor

Bill Cosponsors

2 (All Republicans)

Bill Summary

Bonus Depreciation Extension Act of 2007 - Amends the Internal Revenue Code to extend, for two additional years, special depreciation allowances (bonus depreciation) for: (1) certain investment property acquired after September 10, 2001 (30 percent depreciation property); (2) certain investment property acquired after May 5, 2003 (50 percent depreciation property); and (3) New York Liberty Zone property.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Feb. 5, 2007

Introduced in the House by Joe Wilson (R-S.C.)

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