H.R. 5213 — To amend the Internal Revenue Code of 1986 to repeal the extended recovery period applicable to the depreciation of tax-exempt use property leased to foreign persons or entities. | PoliFocus
H.R. 5213106th Congress
To amend the Internal Revenue Code of 1986 to repeal the extended recovery period applicable to the depreciation of tax-exempt use property leased to foreign persons or entities.
Amends the Internal Revenue Code to repeal, for foreign persons or entities, the extended recovery period applicable to the tax-exempt use of property available under the alternative depreciation system for certain properties.
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Legislative Actions
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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