Bill114th CongressFiled Oct 22, 2015Taxation
S. 2202
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 (Oct 22, 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 happenedOct 22, 2015
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Klobuchar, Amy [D-MN](D-MN)Sponsor
3 cosponsors2 D1 R
3cosponsors1committees2actions2related bills3subjects
- Introduced in SenateOct 22, 2015
- Oct 22, 2015IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Oct 22, 2015IntroReferral10000
Introduced in Senate