To amend the Internal Revenue Code of 1986 to waive the deadline on the construction of GO Zone property which is eligible for bonus depreciation.

Fact Sheet API

Bill Number

HR 5612

Introduced

Mar 13, 2008

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Alabama Building construction Commerce Depreciation and amortization Housing and Community Development Income tax Louisiana Mississippi Office buildings Rental housing Tax deductions Taxation

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Votes

Summary

Amends the Internal Revenue Code to eliminate the deadline for beginning construction projects in the Gulf Opportunity (GO) Zone for purposes of bonus depreciation eligibility.

Actions

Mar 13, 2008

Referred to the House Committee on Ways and Means.
Mar 13, 2008

Introduced in House

Amendments

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