S 3510 · 111th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property.

Introduced 2010-06-17· Sponsored by Sen. Conrad, Kent [D-ND]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2010-06-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to make permanent the 15-year recovery period classification for qualified leasehold improvement, restaurant, and retail improvement property, for purposes of the depreciation tax deduction.…

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

Cosponsors (15)

5 Democrats10 Republicans