To amend the Internal Revenue Code of 1986 to modify the treatment of qualified restaurant property as 15-year property for purposes of the depreciation deduction.
Latest action · Feb 17, 2005 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 17, 2005
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Internal Revenue Code to make permanent the 15-year recovery period for purposes of the tax deduction for depreciation of qualified restaurant property. Revises the term "qualified restaurant property" to include existing buildings as well as improvements to buildings.
Cosponsors 63
Members who signed on, in the order they did. Signatures ran from Feb 17, 2005 to Sep 13, 2006; 15 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-FL | Allen Boyd | Original | Feb 17, 2005 |
| R-ID | C. L. (Butch) Otter | Original | Feb 17, 2005 |
| R-FL | Connie Mack | Original | Feb 17, 2005 |
| R-FL | E. Clay Shaw Jr. | Original | Feb 17, 2005 |
| R-FL | Ileana Ros-Lehtinen | Original | Feb 17, 2005 |
| R-AZ | J. D. Hayworth | Original | Feb 17, 2005 |
| D-TN | Jim Cooper | Original | Feb 17, 2005 |
| R-CA | John T. Doolittle | Original | Feb 17, 2005 |
| R-OH | Patrick J. Tiberi | Original | Feb 17, 2005 |
| R-TX | Pete Sessions | Original | Feb 17, 2005 |
| R-AZ | Rick Renzi | Original | Feb 17, 2005 |
| R-KY | Ron Lewis | Original | Feb 17, 2005 |
| R-TX | Sam Johnson | Original | Feb 17, 2005 |
| R-NJ | Scott Garrett | Original | Feb 17, 2005 |
| R-OH | Steve Chabot | Original | Feb 17, 2005 |
| R-CA | Elton Gallegly | Mar 1, 2005 | |
| R-VA | Frank R. Wolf | Mar 1, 2005 | |
| R-LA | Jim McCrery | Mar 1, 2005 | |
| R-SC | Joe Wilson | Mar 1, 2005 | |
| R-FL | Katherine Harris | Mar 1, 2005 | |
| R-MI | Peter Hoekstra | Mar 1, 2005 | |
| R-PA | Phil English | Mar 1, 2005 | |
| D-TN | Bart Gordon | Mar 2, 2005 | |
| R-FL | Ginny Brown-Waite | Mar 2, 2005 | |
| R-MN | Mark R. Kennedy | Mar 2, 2005 | |
| R-NE | Lee Terry | Mar 8, 2005 | |
| R-NY | James T. Walsh | Mar 14, 2005 | |
| D-NY | Edolphus Towns | Apr 27, 2005 | |
| R-TX | Henry Bonilla | Apr 27, 2005 | |
| D-NC | Mike McIntyre | Apr 27, 2005 | |
| R-TX | Ralph M. Hall | Apr 27, 2005 | |
| R-KY | Anne M. Northup | May 10, 2005 | |
| D-WA | Norman D. Dicks | May 26, 2005 | |
| D-MI | Dale E. Kildee | Jun 14, 2005 | |
| R-IA | Tom Latham | Jun 16, 2005 | |
| R-AZ | Trent Franks | Jun 16, 2005 | |
| R-NC | Walter B. Jones | Jun 16, 2005 | |
| D-NJ | Rush Holt | Jun 17, 2005 | |
| R-PA | Bill Shuster | Jun 21, 2005 | |
| R-TX | Randy Neugebauer | Jun 23, 2005 | |
| R-PA | Charles W. Dent | Jun 29, 2005 | |
| R-KS | Todd Tiahrt | Jun 30, 2005 | |
| R-MO | Roy Blunt | Jul 19, 2005 | |
| R-NY | John M. McHugh | Sep 13, 2005 | |
| D-NJ | Robert E. Andrews | Sep 13, 2005 | |
| R-TX | Kevin Brady | Sep 15, 2005 | |
| D-ME | Michael H. Michaud | Sep 20, 2005 | |
| R-TX | Michael T. McCaul | Sep 20, 2005 | |
| D-NJ | Robert Menendez | Sep 20, 2005 | |
| D-TX | Al Green | Sep 22, 2005 | |
| R-FL | Adam H. Putnam | Sep 27, 2005 | |
| D-KS | Dennis Moore | Oct 6, 2005 | |
| R-TX | Jeb Hensarling | Oct 6, 2005 | |
| R-AL | Jo Bonner | Oct 6, 2005 | |
| R-TX | Kenny Marchant | Oct 6, 2005 | |
| R-WI | Mark Green | Oct 6, 2005 | |
| R-IN | Mark E. Souder | Oct 17, 2005 | |
| R-AL | Terry Everett | Dec 6, 2005 | |
| R-CO | Marilyn N. Musgrave | Apr 6, 2006 | |
| D-WA | Adam Smith | May 25, 2006 | |
| R-FL | Ander Crenshaw | Jun 14, 2006 | |
| R-AL | Robert B. Aderholt | Jun 19, 2006 | |
| R-CA | Ken Calvert | Sep 13, 2006 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Feb 17, 2005 |
Actions 2
Everything that happened, newest first.
- Feb 17, 2005Introduced in House
- Feb 17, 2005Referred to the House Committee on Ways and Means.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 419 | A bill to amend the Internal Revenue Code of 1986 to modify the treatment of qualified restaurant property as 15-year property for purposes of the depreciation deduction. | Identical bill | Feb 17, 2005 |
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to modify the treatment of qualified restaurant property as 15-year property for purposes of the depreciation deduction.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Feb 17, 2005Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.