Renewing Investment in American Workers and Supply Chains Act This bill classifies nonresidential real property and residential rental property as 20-year property for depreciation purposes.
ASSUMING FIRST SPONSORSHIP - Mr. Hern asked unanimous consent that he may hereafter be considered to be the first sponsor of H.R. 7229, as bill originally introduced by Representative Walorski of Indiana, for the purposes of adding cosponsors and requesting re-printings pursuant to clause 7 of rule XII. Agreed to without objection.
Introduced in House
Referred to the House Committee on Ways and Means.
ASSUMING FIRST SPONSORSHIP - Mr. Hern asked unanimous consent that he may hereafter be considered to be the first sponsor of H.R. 7229, as bill originally introduced by Representative Walorski of Indiana, for the purposes of adding cosponsors and requesting re-printings pursuant to clause 7 of rule XII. Agreed to without objection.
Business expensesBusiness investment and capitalIncome tax deductionsReal estate business
Renewing Investment in American Workers and Supply Chains Act
USA117th CongressHR-7229| House
| Updated: 11/15/2022
Renewing Investment in American Workers and Supply Chains Act This bill classifies nonresidential real property and residential rental property as 20-year property for depreciation purposes.
ASSUMING FIRST SPONSORSHIP - Mr. Hern asked unanimous consent that he may hereafter be considered to be the first sponsor of H.R. 7229, as bill originally introduced by Representative Walorski of Indiana, for the purposes of adding cosponsors and requesting re-printings pursuant to clause 7 of rule XII. Agreed to without objection.
Introduced in House
Referred to the House Committee on Ways and Means.
ASSUMING FIRST SPONSORSHIP - Mr. Hern asked unanimous consent that he may hereafter be considered to be the first sponsor of H.R. 7229, as bill originally introduced by Representative Walorski of Indiana, for the purposes of adding cosponsors and requesting re-printings pursuant to clause 7 of rule XII. Agreed to without objection.