H.R. 1869
Referred to CommitteeRestoring Investment in Improvements Act
Introduced 3/26/2019•116th Congress•House
Latest Action
Referred to the House Committee on Ways and Means.
3/26/2019 • House
Summary
Restoring Investment in Improvements Act
This bill confirms that the applicable recovery period for qualified improvement property (nonresidential real estate) for depreciation purposes is 15 years under the modified accelerated cost recovery system (MACRS) and 20 years under the alternative depreciation system (ADS).
Introduced in House • 3/26/2019
Enter your district to see how this bill affects your community
Topics & Subjects
Policy Area: Taxation
Building constructionBusiness investment and capitalIncome tax deductions
Congressional Votes (0)
No recorded votes yet
Roll call votes will appear here as the bill moves through Congress
Related Federal Spending
Sponsor & Cosponsors (251)
Party Breakdown
122
Democrats
129
Republicans
0
Independents
Sponsor
R[
Cosponsors (250)
R[
R[
R[
R[
R[
R[
Bill Journey
Originated in the House
Introduced
March 26, 2019
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 House3/26/2019