HR.4196 To amend the Internal Revenue Code of 1986 to extend the allowance for bonus depreciation for certain business assets.

To amend the Internal Revenue Code of 1986 to extend the allowance for bonus depreciation for certain business assets.

People's Vote
NO
Gov Vote
NONE
Outcome
NONE
Your Vote
YES NO

 

Our Analysis:

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Summary:

3/13/2012--Introduced.Amends the Internal Revenue Code to: (1) extend for one year the 100% bonus depreciation allowance for business assets, and (2) increase the amount of alternative minimum tax (AMT) credits that corporate taxpayers may elect to accelerate in a taxable year in lieu of claiming bonus depreciation.

Actions:

Mar 13 2012

Referred to the House Committee on Ways and Means.

Question:

Result

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