Summary: S.1216 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.1216. Bill summaries are authored by CRS.

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Introduced in Senate (04/11/2019)

This bill modifies the requirements for calculating taxable income to make permanent the special depreciation rules for property used predominantly within an Indian reservation. (Under current law, the rules expired after 2017.)