Bill114th CongressFiled Jun 24, 2015Taxation
S. 1666
A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the election to accelerate the AMT credit in lieu of bonus depreciation for 2015 and 2016, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
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Became LawLaw
What it doesSummary introduced in senate (Jun 24, 2015)
Amends the Internal Revenue Code to: (1) extend through 2016 the special depreciation allowance for business assets (bonus depreciation), and (2) increase the limitation on the election to accelerate the alternative minimum tax credit in lieu of bonus depreciation for 2015 and 2016.
What just happenedJun 24, 2015
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Stabenow, Debbie [D-MI](D-MI)Sponsor
3 cosponsors1 D2 R
3cosponsors1committees2actions6subjects
- Introduced in SenateJun 24, 2015
- Jun 24, 2015IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jun 24, 2015IntroReferral10000
Introduced in Senate