Bill114th CongressFiled Sep 28, 2016Taxation
S. 3425
A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation, and for other purposes.
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What it doesSummary introduced in senate (Sep 28, 2016)
This bill amends the Internal Revenue Code to make permanent the special depreciation rules for property used predominantly within an Indian reservation and to permit a taxpayer to revoke an election to exclude any class of property from the rules for any taxable year.
What just happenedSep 28, 2016
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Inhofe, James M. [R-OK](R-OK)Sponsor
1committees2actions1related bills
- Introduced in SenateSep 28, 2016
- Sep 28, 2016IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Sep 28, 2016IntroReferral10000
Introduced in Senate