HR 1465 · 100th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to clarify the treatment of grain storage and similar structures for purposes of depreciation and the investment tax credit.

Introduced 1987-03-05· Sponsored by Rep. Smith, Virginia [R-NE-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1987-03-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to treat single purpose commodity storage structures as a qualified agricultural structure for purposes of the investment tax credit and the accelerated cost recovery system.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Republicans
Rep. Daub, Hal [R-NE-2]NE
Rep. Bereuter, Doug [R-NE-1]NE