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H.R. 4212

To amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property.

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

Referred to the House Committee on Ways and Means.

Rep. Kelly, Mike [R-PA-3](R-PA)Sponsor
9 cosponsors4 D5 R
9cosponsors1committees3actions3related bills4subjects
  • Introduced in HouseMar 12, 2014
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

To amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery peri… — Informed