Summary: H.R.3366 — 112th Congress (2011-2012)All Information (Except Text)

There is one summary for H.R.3366. Bill summaries are authored by CRS.

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Introduced in House (11/04/2011)

Amends the Internal Revenue Code to extend through 2012 the tax rule that excludes bonus depreciation allowed for certain depreciable business assets as a cost allocated to a contract under the percentage of completion method for long-term contracts.