H.R. 2014 - Leasehold Improvement Depreciation Act of 2007
- Sponsor:
- Joseph Crowley
- Summary:
- To amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for the depreciation of certain leasehold improvements and to modify the depreciation rules relating to such leasehold improvements for purposes of computing earnings and profits. (by CRS)
- Status:
- The bill has been introduced.
Leasehold Improvement Depreciation Act of 2007
H.R. 2014 — 110th Congress (2007–2008)
- Summary
- To amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for the depreciation of certain leasehold improvements and to modify the depreciation rules relating to such leasehold improvements for purposes of computing earnings and profits. (by CRS)
- Learn More
- At OpenCongress
- Title
- To amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for the depreciation of certain leasehold improvements and to modify the depreciation rules relating to such leasehold improvements for purposes of computing earnings and profits.
- Other Titles
- Leasehold Improvement Depreciation Act of 2007
- Sponsor
- Joseph Crowley
- Co-Sponsors
- Subjects
- Taxation
- Business
- Depreciation and amortization
- Earnings
- Income tax
- Leases
- Profit
- Tax deductions
- Related Bills
- Major Actions
Introduced 4/24/2007 Referred to Committee - Bill History
-
There have been no votes on this bill.
Action Date Description Introduced 4/24/2007 4/24/2007 Referred to the House Committee on Ways and Means. Number Sponsor Date Offered Status
Total contributions given to House members from interest groups that…
supported this bill
Contributions data source: OpenSecrets.org