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- S.1801
S.1801: Agriculture Equipment and Machinery Depreciation Act
About This Bill
- Introduced July 16, 2015
- Latest Major Action July 16, 2015
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Agriculture Equipment and Machinery Depreciation Act This bill amends the Internal Revenue Code to eliminate the placed-in-service restriction on the depreciation of certain farming business machinery and equipment and to make permanent the five-year recovery period for such property.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 16, 2015 |
Read twice and referred to the Committee on Finance.
|
| July 16, 2015 |
Introduced in the Senate by Amy Klobuchar (D-Minn.) |