Summary: S.394 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for S.394. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (02/05/2015)

Depreciation Fairness Act of 2015

This bill amends the Internal Revenue Code to make permanent the 15-year recovery period for qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property for purposes of the tax deduction for depreciation.