A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the election to accelerate the AMT credit in lieu of bonus depreciation for 2015 and 2016, and for other purposes.

3.0.0 1666 2023-01-11T13:30:38Z 2023-01-11T13:30:38Z Senate S 2015-06-24 114 ssfi00 Finance Committee Senate Standing Referred to 2015-06-24T22:51:10Z 2015-06-24 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2015-06-24 Introduced in Senate IntroReferral 10000 9 Library of Congress S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI N R000307 Sen. Roberts, Pat [R-KS] PAT ROBERTS R KS 2015-06-24 True B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2015-06-24 True B000575 Sen. Blunt, Roy [R-MO] Roy Blunt R MO 2015-06-24 True Taxation Accounting and auditing Business investment and capital Income tax credits Income tax deductions Public contracts and procurement Tax administration and collection, taxpayers Taxation

00 2015-06-24 Introduced in Senate 2015-09-25T18:19:31Z Amends the Internal Revenue Code to: (1) extend through 2016 the special depreciation allowance for business assets (bonus depreciation), and (2) increase the limitation on the election to accelerate the alternative minimum tax credit in lieu of bonus depreciation for 2015 and 2016.

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A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the election to accelerate the AMT credit in lieu of bonus depreciation for 2015 and 2016, and for other purposes. Display Title A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the election to accelerate the AMT credit in lieu of bonus depreciation for 2015 and 2016, and for other purposes. Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the election to accelerate the AMT credit in lieu of bonus depreciation for 2015 and 2016, and for other purposes. Introduced in Senate IS Introduced in Senate 2015-06-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1666is/xml/BILLS-114s1666is.xml 2015-06-24 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.