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S. 749

A bill 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.

Read twice and referred to the Committee on Finance.

Sen. Casey, Robert P., Jr. [D-PA](D-PA)Sponsor
22 cosponsors9 D12 R1 I
22cosponsors1committees2actions3related bills4subjects
  • Introduced in SenateApr 17, 2013
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

  2. IntroReferral10000

    Introduced in Senate

A bill to amend the Internal Revenue Code of 1986 to permanently extend the 15-year recove… — Informed