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- H.R.3844
H.R.3844: To amend the Internal Revenue Code of 1986 to provide a special depreciation allowance and recovery period for noncommercial aircraft property.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Oct. 15, 2009
- Latest Major Action Oct. 15, 2009
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Internal Revenue Code to allow: (1) increased depreciation of qualified noncommercial aircraft property placed in service in 2010 or 2011; and (2) a three-year recovery period for the depreciation of such property placed in service before 2015. Defines "qualified noncommercial aircraft property" as any aircraft that is not used in the trade or business of transporting persons or property and that is first used after 2009. Allows...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Oct. 15, 2009 |
Introduced in the House by Todd Tiahrt (R-Kan.) |