S.885: Transportation Access for All Americans Act

About This Bill

Bill Summary

Transportation Access for All Americans Act - Amends the Internal Revenue Code to: (1) allow accelerated depreciation of applicable leased highway property; and (2) provide for amortization of intangibles relating to such property. Defines "applicable leased highway property" as property subject to a lease between a taxpayer and a governmental entity under which the taxpayer leases a highway and associated improvements, receives a right-of-way...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
April 23, 2009

Introduced in the Senate by Jeff Bingaman (D-N.M.)

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