There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
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.