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- H.R.1869
H.R.1869: Restoring Investment in Improvements Act
About This Bill
- Introduced March 26, 2019
- Latest Major Action March 26, 2019
Bill Sponsor
Bill Cosponsors
307 (150 Democrats, 157 Republicans)
Bill Version
- Introduced in House - March 26, 2019
Bill Summary
Restoring Investment in Improvements Act This bill confirms that the applicable recovery period for qualified improvement property (nonresidential real estate) for depreciation purposes is 15 years under the modified accelerated cost recovery system (MACRS) and 20 years under the alternative depreciation system (ADS).
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
March 26, 2019 |
Referred to the House Committee on Ways and Means.
|
March 26, 2019 |
Introduced in the House by Jimmy Panetta (D-Calif.) |