HR 5313 · 116th Congress · Taxation

Multifamily Depreciation Parity Act of 2019

Introduced 2019-12-05· Sponsored by Rep. Morelle, Joseph D. [D-NY-25]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2019-12-05)

Plain Language Summary

[AI summary unavailable — showing source text] Multifamily Depreciation Parity Act of 2019 This bill allows the depreciation of certain residential rental property placed in service prior to January 1, 2018, over a 30-year period (currently, such property is subject to a 40-year depreciation period).…

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

Cosponsors (1)

1 Republican
Rep. Wenstrup, Brad R. [R-OH-2]OH