Leasehold Improvement Depreciation Act of 2007
Latest action · Apr 24, 2007 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.
- IntroducedApr 24, 2007
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Leasehold Improvement Depreciation Act of 2007 - Amends the Internal Revenue Code to: (1) make permanent the accelerated depreciation of qualified leasehold improvement property (i.e., a 15-year recovery period); and (2) modify the rule for determining the adjustment to earnings and profits for depreciation of such property.
Cosponsors 13
Members who signed on, in the order they did. Signatures ran from Apr 24, 2007 to Jul 24, 2008, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-IL | Jerry Weller | Original | Apr 24, 2007 |
| R-VA | Tom Davis | Jun 13, 2007 | |
| R-PA | Phil English | Jul 19, 2007 | |
| D-OR | Earl Blumenauer | Jul 27, 2007 | |
| D-HI | Neil Abercrombie | Aug 3, 2007 | |
| R-TX | Pete Sessions | Sep 17, 2007 | |
| D-NJ | Rush Holt | Nov 5, 2007 | |
| R-NE | Lee Terry | Nov 6, 2007 | |
| R-TX | Sam Johnson | Apr 1, 2008 | |
| D-AZ | Ed Pastor | Apr 8, 2008 | |
| R-AL | Robert B. Aderholt | Apr 14, 2008 | |
| D-OR | David Wu | Jul 15, 2008 | |
| D-PA | Jason Altmire | Jul 24, 2008 |
Actions 2
Everything that happened, newest first.
- Apr 24, 2007Introduced in House
- Apr 24, 2007Referred 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 1361 | Leasehold Improvement Depreciation Act of 2007 | Identical bill | May 10, 2007 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 24, 2007Introduced 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.