Bill116th CongressFiled Dec 5, 2019Taxation
H.R. 5313
Multifamily Depreciation Parity Act of 2019
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Dec 5, 2019)
Multifamily Depreciation Parity Act of 2019
This bill allows the depreciation of certain residential rental property placed in service prior to January 1, 2018, over a 30-year period (currently, such property is subject to a 40-year depreciation period).
What just happenedDec 5, 2019
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Morelle, Joseph D. [D-NY-25](D-NY)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions1related bills3subjects
- Introduced in HouseDec 5, 2019
- Dec 5, 2019IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Dec 5, 2019IntroReferralIntro-H
Introduced in House
- Dec 5, 2019IntroReferral1000
Introduced in House