Fixed Asset Relief Act of 2015
This bill amends the Internal Revenue Code to increase the additional depreciation allowance (bonus depreciation) from 50% to 100% of the adjusted basis of qualifying business property and to make such increased allowance permanent.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2015-07-23 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
| 2015-07-23 | IntroReferral | Introduced in House | Library of Congress |