S.2539 - A bill to amend the Internal Revenue Code of 1986 to provide a special depreciation allowance for certain property placed in service during 2008 and 2009.

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  • Official: A bill to amend the Internal Revenue Code of 1986 to provide a special depreciation allowance for certain property placed in service during 2008 and 2009. as introduced.

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Introduced
 
Senate
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House
Passes
 
President
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01/21/08
 
 
 
 
 
 
 

Official Bill Text Comment on about 14 Pages

Sponsor

Arlen Specter

D-

No Co-Sponsors

Committees

Official Summary

1/22/2008--Introduced.
Amends the Internal Revenue Code to increase from 30 to 50% the bonus depreciation for new business equipment placed in service in 2008 and 2009.




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