Restoring Investment in Improvements Act

Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

PTR ToomeySponsor

62 cosponsors · 12 D, 49 R, 1 I

DJD Jones AKI King JMD Manchin MMR McSally RPR Portman PRR Roberts JSD Shaheen KSD Sinema JTR Thune RBR Blunt CCD Cortez Masto JIR Isakson JRD Rosen RBR Burr MBR Blackburn SCR Collins BCR Cassidy SDR Daines MER Enzi CHR Hyde-Smith MRR Rounds RWR Wicker MRR Romney TCR Cruz CGR Gardner TYR Young JBR Barrasso JCR Cornyn MHD Hassan JHR Hawley JER Ernst JLR Lankford LMR Murkowski DSR Sullivan DFD Feinstein CCD Coons MCR Crapo MRR Rubio RDD Durbin JHR Hoeven SCR Capito TDD Duckworth TSR Scott TSD Smith JMR Moran RPR Paul RJR Johnson JIR Inhofe JRR Risch TTR Tillis MBR Braun TCR Cotton JBR Boozman DFR Fischer RSR Scott BSR Sasse MLR Lee LGR Graham DPR Perdue LAR Alexander JKR Kennedy KLR Loeffler

9 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill confirms that the applicable recovery period for qualified improvement property (nonresidential real estate) for depreciation purposes is 15 years under the modified accelerated cost recovery system (MACRS) and 20 years under the alternative depreciation system (ADS).