HR 1869 · 116th Congress · Taxation

Restoring Investment in Improvements Act

Introduced 2019-03-26· Sponsored by Rep. Panetta, Jimmy [D-CA-20]· 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.(2019-03-26)

Plain Language Summary

[AI summary unavailable — showing source text] Restoring Investment in Improvements Act This bill confirms that the applicable recovery period for qualified improvement property (nonresidential real estate) for depreciation purposes is 15 years under the modified accelerated cost recovery system (MACRS) and 20 years under the alternative depreciation system (ADS).…

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

Cosponsors (20)

8 Democrats12 Republicans
Rep. Walorski, Jackie [R-IN-2]IN
Rep. Horsford, Steven [D-NV-4]NV
Rep. Kelly, Mike [R-PA-16]PA
Rep. Sewell, Terri A. [D-AL-7]AL
Rep. Holding, George [R-NC-2]NC
Rep. Lee, Susie [D-NV-3]NV
Rep. Barr, Andy [R-KY-6]KY
Rep. Beatty, Joyce [D-OH-3]OH
Rep. McKinley, David B. [R-WV-1]WV
Rep. Titus, Dina [D-NV-1]NV
Rep. Amodei, Mark E. [R-NV-2]NV
Rep. Correa, J. Luis [D-CA-46]CA
Rep. Marchant, Kenny [R-TX-24]TX
Rep. Cisneros, Gilbert Ray, Jr. [D-CA-39]CA
Rep. Fitzpatrick, Brian K. [R-PA-1]PA
Rep. Ryan, Tim [D-OH-13]OH
Rep. LaHood, Darin [R-IL-18]IL
Rep. Jordan, Jim [R-OH-4]OH
Rep. Rice, Tom [R-SC-7]SC
Rep. Meadows, Mark [R-NC-11]NC