To amend the Internal Revenue Code of 1986 to treat trees and vines producing fruit, nuts, or other crops as placed in service in the year in which it is planted for purposes of special allowance for depreciation.
About This Bill
Committee
Latest Action · June 4, 2009
Referred to the House Committee on Ways and Means.
Amends the Internal Revenue Code to treat trees or vines producing fruit, nuts, or other crops as placed in service in the year in which they are planted for purposes of the additional 50% bonus depreciation allowance.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.