H.R. 1663 — To amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for the depreciation of certain leasehold improvements.

Summary

Amends the Internal Revenue Code to make permanent the 15-year recovery period for the depreciation of qualified leasehold improvement property (property held and improved by a lessor).

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Related Legislation

S. 621A bill to amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for the depreciation of certain leasehold improvements.
2005-03-15Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2736)
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Legislative Actions

2005-04-14
Introduced in House
2005-04-14
Introduced in House
2005-04-14
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to permanently extend the 15-year recovery period for the depreciation of certain leasehold improvements.

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