H.R. 1839 — To amend the Internal Revenue Code of 1986 to provide a 15-year recovery period for nonresidential real property in rural areas.

Summary

Amends the Internal Revenue Code to provide for accelerated depreciation (i.e., 15-year recovery period) for nonresidential real property placed in service in a rural area.

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Legislative Actions

2007-03-29
Introduced in House
2007-03-29
Introduced in House
2007-03-29
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to provide a 15-year recovery period for nonresidential real property in rural areas.

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