HR 3948 · 113th Congress · Taxation

To amend the Internal Revenue Code of 1986 to extend for one year the 15-year straight-line cost recovery for qualified leasehold improvements, qualified restaurant buildings and improvements, and qualified retail improvements.

Introduced 2014-01-28· Sponsored by Rep. Grayson, Alan [D-FL-9]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2014-01-28)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to extend through 2014 the classification, for depreciation purposes, of leasehold, restaurant buildings, and retail improvements as 15-year property.…

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