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S. 4012

BillFederalSenateIntroduced
To amend the Internal Revenue Code of 1986 to modify the depreciation of nonresidential real property and residential rental property.
About This Bill
Introduced
Congress
117th (2021–2023)
Introduced
April 6, 2022
Cosponsors (0)
None
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Summary

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Renewing Investment in American Workers and Supply Chains Act This bill classifies nonresidential real property and residential rental property as 20-year property for depreciation purposes.

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