SENATE 1149117th CongressRead twice and referred to the Committee on Finance.
A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation.
- Last Action
- 4/15/2021
Actions
- 2021-04-15Read twice and referred to the Committee on Finance.
- 2021-04-15Introduced in Senate
CRS Summary
As of 2021-04-15 (00)
This bill modifies the requirements for calculating taxable income to make permanent the special depreciation rules for property used predominantly within an Indian reservation. (Under current law, the rules expired after 2021.)
Subjects
- Business investment and capital
- Income tax deductions
- Indian social and development programs
- Minority and disadvantaged businesses
Sourced from Congress.gov (public domain).
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