HR 112 · 115th Congress · Taxation

Emergency Citrus Disease Response Act of 2017

Introduced 2017-01-03· Sponsored by Rep. Buchanan, Vern [R-FL-16]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2017-01-03)

Plain Language Summary

[AI summary unavailable — showing source text] Emergency Citrus Disease Response Act of 2017 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 2026.…

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

Cosponsors (20)

6 Democrats14 Republicans