0
0
0
Multifamily Depreciation Parity Act of 2019
10/28/2022, 1:46 AM
Congressional Summary of S 2984
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).
Read the Full Bill
Current Status of Bill S 2984
Bill S 2984 is currently in the status of Bill Introduced since December 5, 2019. Bill S 2984 was introduced during Congress 116 and was introduced to the Senate on December 5, 2019. Bill S 2984's most recent activity was Read twice and referred to the Committee on Finance. as of December 5, 2019
Bipartisan Support of Bill S 2984
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 2984
Primary Policy Focus
TaxationPotential Impact Areas
- Business investment and capital
- Housing industry and standards
- Income tax deductions
Alternate Title(s) of Bill S 2984
Multifamily Depreciation Parity Act of 2019
Multifamily Depreciation Parity Act of 2019
A bill to amend the Internal Revenue Code of 1986 to allow for certain residential rental property to be depreciated over a 30-year period.
Comments
Sponsors and Cosponsors of S 2984
Latest Bills
Transparency in Reporting of Adversarial Contributions to Education Act
Bill HR 1049December 6, 2025
National Defense Authorization Act for Fiscal Year 2026
Bill S 2296December 6, 2025
Wildfire Risk Evaluation Act
Bill HR 3924December 6, 2025
HOMEFRONT Act of 2025
Bill HR 5095December 6, 2025
Enhancing Administrative Reviews for Broadband Deployment Act
Bill HR 5419December 6, 2025
PROTECT Our Kids Act
Bill HR 1069December 6, 2025
A resolution recognizing the 250th anniversary of the United States Marine Corps.
Bill SRES 124December 6, 2025
Claiming Age Clarity Act
Bill HR 5284December 6, 2025
Medal of Honor Act
Bill HR 695December 6, 2025
SUPPORT for Patients and Communities Reauthorization Act of 2025
Bill HR 2483December 6, 2025
Multifamily Depreciation Parity Act of 2019
Bill HR 5313October 28, 2022