HR 5314 · 111th Congress · Taxation

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

Introduced 2010-05-13· Sponsored by Rep. Smith, Adrian [R-NE-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2010-05-13)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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

Cosponsors (1)

1 Republican
Rep. Marchant, Kenny [R-TX-24]TX