Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.1621
S.1621: A bill to amend the Internal Revenue Code of 1986 to treat certain farming business machinery and equipment as 5-year property for purposes of depreciation.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced June 14, 2007
- Latest Major Action June 14, 2007
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
15 (8 Democrats, 8 Republicans)
Bill Summary
Amends the Internal Revenue Code to allow a five-year depreciation recovery period for certain farming business machinery or equipment placed in service before January 1, 2010.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| June 14, 2007 |
Introduced in the Senate by Kent Conrad (D-N.D.) |