Home > Legislation > 114th Congress > S.2346

S.2346 - Emergency Citrus Disease Response Act114th Congress (2015-2016)

Bill

Hide Overview
Sponsor: Sen. Nelson, Bill [D-FL] (Introduced 12/02/2015)
Committees: Senate - Finance
Latest Action: Senate - 12/02/2015 Read twice and referred to the Committee on Finance.  (All Actions)

Tracker:

This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced

More on This Bill

  • CBO Cost Estimates [0]

Subject — Policy Area:

Summary: S.2346 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for S.2346. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (12/02/2015)

Emergency Citrus Disease Response Act

This bill amends the Internal Revenue Code to allow a full deduction in the current taxable year of the cost of replanting lost or damaged citrus plants. The taxpayer must own an equity interest of at least 50% in such replanted plants and may deduct costs paid or incurred through 2025.