A bill to amend the Internal Revenue Code of 1986 to reduce the depreciation recovery period for certain restaurant buildings, and for other purposes.

Bill Number

S 732

Introduced

Apr 6, 2001

Latest Action

Read twice and referred to the Committee on Finance.

Sponsor

Cosponsors

Topics

Agriculture and Food Building construction Business income tax Commerce Construction costs Depreciation and amortization Income tax Restaurants Tax deductions Taxation

Full Text

Votes

Summary

Amends the Internal Revenue Code to classify certain restaurant buildings or any improvements to such buildings as 15-year depreciable property.

Actions

Amendments

Related Bills