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Multifamily Depreciation Parity Act of 2019

USA116th CongressHR-5313| House 
| Updated: 12/5/2019
Joseph D. Morelle

Joseph D. Morelle

Democratic Representative

New York

Cosponsors (1)
Brad R. Wenstrup (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Multifamily Depreciation Parity Act of 2019 This bill allows the depreciation of certain residential rental property placed in service prior to January 1, 2018, over a 30-year period (currently, such property is subject to a 40-year depreciation period).
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Timeline
Dec 5, 2019

Latest Companion Bill Action

S 116-2984
Introduced in Senate
Dec 5, 2019
Introduced in House
Dec 5, 2019
Referred to the House Committee on Ways and Means.
  • December 5, 2019

    Latest Companion Bill Action

    S 116-2984
    Introduced in Senate


  • December 5, 2019
    Introduced in House


  • December 5, 2019
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 116-2984: Multifamily Depreciation Parity Act of 2019
Business investment and capitalHousing industry and standardsIncome tax deductions

Multifamily Depreciation Parity Act of 2019

USA116th CongressHR-5313| House 
| Updated: 12/5/2019
Multifamily Depreciation Parity Act of 2019 This bill allows the depreciation of certain residential rental property placed in service prior to January 1, 2018, over a 30-year period (currently, such property is subject to a 40-year depreciation period).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 5, 2019

Latest Companion Bill Action

S 116-2984
Introduced in Senate
Dec 5, 2019
Introduced in House
Dec 5, 2019
Referred to the House Committee on Ways and Means.
  • December 5, 2019

    Latest Companion Bill Action

    S 116-2984
    Introduced in Senate


  • December 5, 2019
    Introduced in House


  • December 5, 2019
    Referred to the House Committee on Ways and Means.
Joseph D. Morelle

Joseph D. Morelle

Democratic Representative

New York

Cosponsors (1)
Brad R. Wenstrup (Republican)

Ways and Means Committee

Taxation

Related Bills

  • S 116-2984: Multifamily Depreciation Parity Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business investment and capitalHousing industry and standardsIncome tax deductions