Multifamily Depreciation Parity Act of 2019

United States116th CongressS-2984Senate
Updated: Dec 5, 2019

Summary

Multifamily Depreciation Parity Act of 2019 This bill allows the depreciation of certain residential rental property placed in service prior to January 1, 2018, over a 30-year period (currently, such property is subject to a 40-year depreciation period).

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-5313: Multifamily Depreciation Parity Act of 2019

Referred to the House Committee on Ways and Means.

  1. Read twice and referred to the Committee on Finance.

    Senate

  2. Introduced in Senate

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