Bill115th CongressFiled Jan 3, 2017Taxation
H.R. 112
Emergency Citrus Disease Response Act of 2017
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jan 3, 2017)
Emergency Citrus Disease Response Act of 2017
This bill amends the Internal Revenue Code to allow a full deduction in the current taxable year of the cost of replanting lost or damaged citrus plants. The taxpayer must own an equity interest of at least 50% in such replanted plants and may deduct costs paid or incurred through 2026.
What just happenedJan 3, 2017
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Buchanan, Vern [R-FL-16](R-FL)Sponsor
32 cosponsors14 D18 R
32cosponsors1committees3actions2related bills5subjects
- Introduced in HouseJan 3, 2017
- Jan 3, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jan 3, 2017IntroReferralIntro-H
Introduced in House
- Jan 3, 2017IntroReferral1000
Introduced in House