Summary: S.2984 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.2984. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (12/05/2019)

Multifamily Depreciation Parity Act of 2019

This bill allows the depreciation of certain residential rental property placed in service prior to January 1, 2018, over a 30-year period (currently, such property is subject to a 40-year depreciation period).