A bill to amend the Internal Revenue Code of 1986 to modify the depreciation of nonresidential real property and residential rental property.
Renewing Investment in American Workers and Supply Chains Act
This bill classifies nonresidential real property and residential rental property as 20-year property for depreciation purposes.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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