Bill114th CongressFiled Jul 16, 2015Taxation
S. 1801
Agriculture Equipment and Machinery Depreciation Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 16, 2015)
Agriculture Equipment and Machinery Depreciation Act
This bill amends the Internal Revenue Code to eliminate the placed-in-service restriction on the depreciation of certain farming business machinery and equipment and to make permanent the five-year recovery period for such property.
What just happenedJul 16, 2015
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Klobuchar, Amy [D-MN](D-MN)Sponsor
2 cosponsors2 D
2cosponsors1committees2actions2related bills3subjects
- Introduced in SenateJul 16, 2015
- Jul 16, 2015IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 16, 2015IntroReferral10000
Introduced in Senate