HR 4212 · 113th Congress · Taxation

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 2014-03-12· Sponsored by Rep. Kelly, Mike [R-PA-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2014-03-12)

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 (9)

4 Democrats5 Republicans