Bill113th CongressFiled Mar 7, 2013Taxation
S. 494
A bill to amend the Internal Revenue Code of 1986 to expand the types of livestock for which bonus depreciation is available.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Mar 7, 2013)
Amends the Internal Revenue Code to allow the special depreciation allowance (bonus depreciation) for dairy producing calves and cows purchased for business use, regardless of whether the original use of such livestock commenced with another taxpayer.
What just happenedMar 7, 2013
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Schumer, Charles E. [D-NY](D-NY)Sponsor
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- Introduced in SenateMar 7, 2013
- Mar 7, 2013IntroReferral
Read twice and referred to the Committee on Finance.
- Mar 7, 2013IntroReferral10000
Introduced in Senate