Summary: S.1801 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for S.1801. Bill summaries are authored by CRS.

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Introduced in Senate (07/16/2015)

Agriculture Equipment and Machinery Depreciation Act

This bill amends the Internal Revenue Code to eliminate the placed-in-service restriction on the depreciation of certain farming business machinery and equipment and to make permanent the five-year recovery period for such property.