US SB1008 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on May 17 2011 - 25% progression, died in chamber
Action: 2011-05-18 - Sponsor introductory remarks on measure. (CR S3107-3108)
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 17 2011 - 25% progression, died in chamber
Action: 2011-05-18 - Sponsor introductory remarks on measure. (CR S3107-3108)
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to make permanent the special rules for the accelerated depreciation of business property used on Indian reservations.
Title
A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation.
Sponsors
| Sen. James Inhofe [R-OK] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-05-18 | Senate | Sponsor introductory remarks on measure. (CR S3107-3108) |
| 2011-05-17 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB1039 (Related) 2011-03-11 - Referred to the House Committee on Ways and Means.
Subjects
Business investment and capital
Income tax deductions
Indian social and development programs
Minority and disadvantaged businesses
Taxation
Income tax deductions
Indian social and development programs
Minority and disadvantaged businesses
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/1008/all-info |
| Text | https://www.congress.gov/112/bills/s1008/BILLS-112s1008is.pdf |
