S. 1621 · 110th Congress
A bill to amend the Internal Revenue Code of 1986 to treat certain farming business machinery and equipment…
Full title
A bill to amend the Internal Revenue Code of 1986 to treat certain farming business machinery and equipment as 5-year property for purposes of depreciation.
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
ConradSponsor15 cosponsors · 7 D, 8 R
R
Bunning
MC
R
Crapo
TH
D
Harkin
BL
D
Lincoln
PR
R
Roberts
KS
D
Salazar
TJ
D
Johnson
BD
D
Dorgan
ME
R
Enzi
CH
R
Hagel
JI
R
Isakson
GS
R
Smith
JB
D
Bingaman
SC
R
Chambliss
MC
D
Cantwell6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Amends the Internal Revenue Code to allow a five-year depreciation recovery period for certain farming business machinery or equipment placed in service before January 1, 2010.
What it does: CRS summary · Introduced in Senate · Jun 14, 2007
Amends the Internal Revenue Code to allow a five-year depreciation recovery period for certain farming business machinery or equipment placed in service before January 1, 2010.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A bill to amend the Internal Revenue Code of 1986 to treat certain farming business machinery and equipment as 5-year property for purposes of depreciation.
Latest action (Jun 14, 2007): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Jun 14, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.