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S. 394

Depreciation Fairness Act of 2015

Depreciation Fairness Act of 2015

This bill amends the Internal Revenue Code to make permanent the 15-year recovery period for qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property for purposes of the tax deduction for depreciation.

Read twice and referred to the Committee on Finance.

Sen. Casey, Robert P., Jr. [D-PA](D-PA)Sponsor
15 cosponsors4 D11 R
15cosponsors1committees2actions1related bills4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Depreciation Fairness Act of 2015 — Informed