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S. 494

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to expand the types of livestock for which bonus depreciation is available.
About This Bill
Committee
Latest Action · March 7, 2013
Read twice and referred to the Committee on Finance.
Congress
113th (2013–2015)
Introduced
March 7, 2013
Sponsor
Sen. Charles SchumerD
Cosponsors (0)
None
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Summary

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Amends the Internal Revenue Code to allow the special depreciation allowance (bonus depreciation) for dairy producing calves and cows purchased for business use, regardless of whether the original use of such livestock commenced with another taxpayer.

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