H.R.1869: Restoring Investment in Improvements Act

About This Bill

  • Introduced March 26, 2019
  • Latest Major Action March 26, 2019

Bill Cosponsors

307 (150 Democrats, 157 Republicans)

Bill Version

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

There are 4 statements associated with H.R.1869.

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.)

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