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H.R. 3213

Referred to Committee

Fixed Asset Relief Act of 2015

Introduced 7/23/2015•114th Congress•House

Latest Action

Referred to the House Committee on Ways and Means.

7/23/2015 • House

Summary

Fixed Asset Relief Act of 2015

This bill amends the Internal Revenue Code to increase the additional depreciation allowance (bonus depreciation) from 50% to 100% of the adjusted basis of qualifying business property and to make such increased allowance permanent.

Introduced in House • 7/23/2015

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Topics & Subjects

Policy Area: Taxation
Business investment and capitalIncome tax deductions

Congressional Votes (0)

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Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

0
Democrats
2
Republicans
0
Independents

Sponsor

R[
Rep. Williams, Roger [R-TX-25]

Republican • TX-25

Sponsored 7/23/2015

Cosponsors (1)

R[
Rep. Chabot, Steve [R-OH-1]

R-OH-1

Joined 7/29/2015

Bill Journey

Originated in the House

Introduced

July 23, 2015

Referred to the House Committee on Ways and Means.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House7/23/2015

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors1