HR 5314 · 111th Congress 2009–2011, ended

To amend the Internal Revenue Code of 1986 to provide a 15-year recovery period for nonresidential real property in rural areas.

Introduced May 13, 2010 Originated House Sponsor Adrian Smith R-NE

Fact sheet

Latest action · May 13, 2010 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.

  1. IntroducedMay 13, 2010
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Amends the Internal Revenue Code to provide for accelerated depreciation (i.e., 15-year recovery period) for nonresidential real property placed in service in a rural area.

Cosponsors 1

Members who signed on, in the order they did. All signed on May 13, 2010.

SeatCosponsorSigned on
R-TXKenny MarchantOriginalMay 13, 2010

Actions 2

Everything that happened, newest first.

  1. May 13, 2010Introduced in House
  2. May 13, 2010Referred to the House Committee on Ways and Means.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. May 13, 2010Introduced in House

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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.