Summary: H.R.4196 — 112th Congress (2011-2012)All Information (Except Text)

There is one summary for H.R.4196. Bill summaries are authored by CRS.

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Introduced in House (03/13/2012)

Amends the Internal Revenue Code to: (1) extend for one year the 100% bonus depreciation allowance for business assets, and (2) increase the amount of alternative minimum tax (AMT) credits that corporate taxpayers may elect to accelerate in a taxable year in lieu of claiming bonus depreciation.