HR 3957 · 114th Congress · Taxation

Emergency Citrus Disease Response Act of 2016

Introduced 2015-11-05· Sponsored by Rep. Buchanan, Vern [R-FL-16]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate.(2016-09-22)

Recorded Votes

PassedHouse · 2016-09-21
Roll #528
Yea 400Nay 20
Democrats
176 Yea·5 Nay
Republicans
224 Yea·15 Nay
PassedHouse · 2016-09-21
Roll #528
Yea 400Nay 20
Democrats
176 Yea·5 Nay
Republicans
224 Yea·15 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] Emergency Citrus Disease Response Act This bill amends the Internal Revenue Code to allow a full deduction in the current taxable year of the cost of replanting lost or damaged citrus plants. The taxpayer must own an equity interest of at least 50% in such replanted plants and may deduct costs paid or incurred through 2025.…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 3957, Emergency Citrus Disease Response Act of 2016

Sep 19, 2016

As ordered reported by the House Committee on Ways and Means on September 14, 2016

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (20)

7 Democrats13 Republicans