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S. 1422

BillFederalSenateIn Committee
Agriculture Equipment and Machinery Depreciation Act
About This Bill
Committee
Latest Action · June 22, 2017
Read twice and referred to the Committee on Finance.
Congress
115th (2017–2019)
Introduced
June 22, 2017
Cosponsors (2)
1D 1R
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Summary

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Agriculture Equipment and Machinery Depreciation Act This bill amends the Internal Revenue Code to eliminate the placed-in-service restriction on the depreciation of certain farming business machinery and equipment and to make permanent the five-year recovery period for such property.

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