HR 4940 · 113th Congress · Taxation

Tax Equality for Entrepreneurs Act

Introduced 2014-06-23· Sponsored by Rep. Meng, Grace [D-NY-6]· 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.(2014-06-23)

Plain Language Summary

[AI summary unavailable — showing source text] Tax Equality for Entrepreneurs Act - Amends the Internal Revenue Code to make permanent: (1) accelerated depreciation (15-year cost recovery) of qualified leasehold and retail improvement property and qualified restaurant property; and (2) the election to expense such property.…

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