Contact Us Payment Portal

Showing Appreciation for Bonus Depreciation

On May 29, the House Ways & Means Committee approved legislation (H.R. 4718)  to make permanent 50 percent bonus depreciation for capital investments, such as equipment purchases.

ARSA joined a cross-section of industry groups endorsing the legislation introduced by Rep. Pat Tiberi (R-Ohio).

“ARSA commends Congressman Tiberi and his colleagues for moving forward on legislation to make 50 percent bonus depreciation permanent,” said ARSA’s Vice President of Legislative Affairs Daniel B. Fisher. “H.R. 4718 will add certainty to the tax code while encouraging business investment, leading to job creation and economic growth.”

H.R. 4718 now awaits House floor consideration.  Last month, the Senate Finance Committee approved the Expiring Provisions Improvement Reform & Efficiency Act (EXPIRE Act), which includes a two-year extension of 50 percent bonus depreciation for qualified property purchased and placed in service before January 1, 2016.



More from ARSA

Symposium 2018 – All That Happened

The 2018 Executive to Executive Briefings, Legislative Day & Annual Repair Symposium kept participants busy from March 13-16. If you were a participant… Access the 2018 Symposium Digital Companion, a…Read More

FAA Provides Follow Up on Written Questions from China IPA Training

Click the image to register for the training session. Update: On March 20, the FAA provided responses and follow up information to all questions submitted in writing during the live…Read More

ARSA Honors Jennifer Weinbrecht with Its Weston Award

Jennifer Weinbrecht. Photo courtesy MRO Network. On March 15, ARSA gave its 2018 Leo Weston Award to Jennifer Weinbrecht, retiring vice president of compliance for Component Repair Technologies (CRT). Weinbrecht…Read More

ARSA Recognizes Inhofe for Legislative Leadership

U.S. Sen. Jim Inhofe (R-Okla.). Photo courtesy Office of Sen. Inhofe. ARSA has recognized Sen. Jim Inhofe (R-Okla.) as its 2018 Legislative Leadership Award recipient. The presentation was made during…Read More

New Aviation Maintenance Industry Report Shows Hopeful Economic Projections, Hard Workforce Truths

According a new report, the global aviation maintenance industry will continue to expand its worldwide economic footprint over the next decade. The projections, released on March 14 during an industry…Read More