- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on FinanceIntroducedJune 21st, 2010
- senate Committees
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Bonus Depreciation Extension to Create Jobs Act
A bill to amend the Internal Revenue Code of 1986 to extend for one year the special depreciation allowances for certain property.
Bonus Depreciation Extension to Create Jobs Act - Amends the Internal Revenue Code to extend through 2011 the additional 50% depreciation allowance for investment property, including computer software, water utility property, and qualified leasehold improvement property, which has a recovery period of 20 years of less.