A bill to amend the Internal Revenue Code of 1986 to treat trees and vines producing fruit, nuts, or other crops as placed in service in the year in which it is planted for purposes of special allowance for depreciation.

S 1461 A bill to amend the Internal Revenue Code of 1986 to treat trees and vines producing fruit, nuts, or other crops as placed in service in the year in which it is planted for purposes of special allowance for depreciation

US Congress 111th Congress

A bill to amend the Internal Revenue Code of 1986 to treat trees and vines producing fruit, nuts, or other crops as placed in service in the year in which it is planted for purposes of special allowance for depreciation.
S.1461


About S.1461

Amends the Internal Revenue Code to treat trees or vines producing fruit, nuts, or other crops as placed in service in the year in which they are planted for purposes of the additional 50% bonus depreciation allowance.

  

Bill Texts

Introduced 11/24/2010

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History

Read Twice And Referred To The Committee On Finance.

07/16/2009