Bill116th CongressFiled Mar 26, 2019Taxation
H.R. 1869
Restoring Investment in Improvements Act
Bill journey · stage 2 of 5
Under committee review
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Became LawLaw
What it doesSummary introduced in house (Mar 26, 2019)
Restoring Investment in Improvements Act
This bill confirms that the applicable recovery period for qualified improvement property (nonresidential real estate) for depreciation purposes is 15 years under the modified accelerated cost recovery system (MACRS) and 20 years under the alternative depreciation system (ADS).
What just happenedMar 26, 2019
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Panetta, Jimmy [D-CA-20](D-CA)Sponsor
307 cosponsors150 D157 R
307cosponsors1committees3actions3related bills3subjects
- Introduced in HouseMar 26, 2019
- Mar 26, 2019IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Mar 26, 2019IntroReferralIntro-H
Introduced in House
- Mar 26, 2019IntroReferral1000
Introduced in House