US S2240

Bill

A bill to amend the Internal Revenue Code of 1986 to extend the allowance for bonus depreciation for certain business assets.

Introduced

In Committee

Crossed Over

Passed

Dead

Introduced Session

112th Congress

Bill Summary

Amends the Internal Revenue Code to: (1) extend for one year the 100% bonus depreciation allowance for business assets, and (2) increase the amount of alternative minimum tax (AMT) credits that corporate taxpayers may elect to accelerate in a taxable year in lieu of claiming bonus depreciation.

Committee Categories

Budget and Finance

Sponsors (4)

Roy Blunt (R), Sherrod Brown (D), Pat Roberts (R), Debbie Stabenow (D),

Last Action

Read twice and referred to the Committee on Finance. (on 03/27/2012)

Official Document

https://www.congress.gov/bill/112th-congress/senate-bill/2240/all-info

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/112th-congress/senate-bill/2240/all-info
Bill	http://gpo.gov/fdsys/pkg/BILLS-112s2240is/pdf/BILLS-112s2240is.pdf.pdf

Bill	Bill Name	Last Action	Type
HR1773	Made in America Act of 2011	Referred to the House Committee on Ways and Means.	Related
HR3630	Middle Class Tax Relief and Job Creation Act of 2012	Became Public Law No: 112-96.	Related
HR4196	To amend the Internal Revenue Code of 1986 to extend the allowance for bonus depreciation for certain business assets.	Referred to the House Committee on Ways and Means.	Same As
HR5974	Invest in America Now Act of 2012	Referred to the House Committee on Ways and Means.	Related
S12	Job Creation Act of 2011	Read twice and referred to the Committee on Finance.	Related
S2237	Small Business Jobs and Tax Relief Act	Returned to the Calendar. Calendar No. 341.	Related

Bill > S2240

summary

Introduced Session

Bill Summary

Committee Categories

Sponsors (4)

Last Action

Official Document

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bill summary

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