S.2757: A bill to amend the Internal Revenue Code of 1986 to extend certain benefits applicable to the Gulf Opportunity Zone, and for other purposes.

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about emergency management
  • Introduced March 13, 2008
  • Latest Major Action March 13, 2008

Bill Sponsor

Bill Summary

Amends the Internal Revenue Code to: (1) extend through 2010 increased depreciation allowances for certain business and investment property located in the Gulf Opportunity Zone (GO Zone) (through 2011 for nonresidential real property or residential rental property in the GO Zone); (2) extend through 2012 special rules relating to the depreciation of buildings in the GO Zone; (3) extend through 2010 the tax credit for rehabilitation...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
March 13, 2008

Introduced in the Senate by David Vitter (R-La.)

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