S. 288 — A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation.

Summary

Amends the Internal Revenue Code to make permanent the special rules for the accelerated depreciation of business property used on Indian reservations.

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Related Legislation

H.R. 474To amend the Internal Revenue Code of 1986 to permanently extend the Indian employment credit and the depreciation rules for poverty used predominantly within an Indian reservation.
2009-01-13Referred to the House Committee on Ways and Means.
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Legislative Actions

2009-01-21
Introduced in Senate
2009-01-21
Read twice and referred to the Committee on Finance.

A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation.

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