Roberts introduces bonus depreciation bill
June 25, 2015 |10:16 AM
Senate Agriculture Committee Chairman Pat Roberts, R-Kan., on Wednesday introduced legislation to make permanent a 50 percent depreciation bonus on new equipment and property purchases.
“This legislation will provide much needed certainty in the tax code so businesses can better plan investments that create more jobs and growth in our communities.” said Roberts.
“Bonus depreciation has been extended and expired many times, and it is time we make this permanent to give businesses more predictability in an already overly complex tax code.”
Sens. Johnny Isakson, R-Ga., Roy Blunt, R-Mo., and Pat Toomey, R-Pa., are original cosponsors of this legislation, Roberts said in a news release.
“This legislation will provide much needed certainty in the tax code so businesses can better plan investments that create more jobs and growth in our communities.” said Roberts.
“Bonus depreciation has been extended and expired many times, and it is time we make this permanent to give businesses more predictability in an already overly complex tax code.”
Sens. Johnny Isakson, R-Ga., Roy Blunt, R-Mo., and Pat Toomey, R-Pa., are original cosponsors of this legislation, Roberts said in a news release.
