House
Nov 4, 2005To amend the Internal Revenue Code of 1986 to treat certain farming business machinery and equipment as 5-year property for purposes of depreciation.
Summary
Official
Amends the Internal Revenue Code to allow a five-year depreciation recovery period for certain farming business machinery or equipment placed in service before January 1, 2010.
Bill Progress
Bill has been introduced and assigned a number
Introduced(11/4/05)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
CC
Mr. Chocola
(R) IN – 2
Cosponsors (20)
Topics
Latest Action
Referred to the House Committee on Ways and Means.
Nov 4, 2005
View Bill on Congress.gov