Showing Appreciation for Bonus Depreciation
June 02, 2014
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
Teaching (your) grandmother to suck eggs is an English saying that refers to a person giving advice to another person in a subject with which the other person should already…
Read More
Three Safety Management Systems Training Sessions are now available through ARSA’s training program for registration and immediate on-demand viewing. The trainings were co-administered by ARSA and the Aircraft Electronics Association…
Read More
In July and August, ARSA is administering a series of online training sessions combining to walk through every section of 14 CFR part 145, “Repair Stations.” The new series replaces…
Read More
The recording of ARSA’s special workshop overviewing the construction and authorities of American administrative agencies is now available on demand. The resource was presented to FAA personnel as part of…
Read More
ARSA members with U.S. facilities are encouraged to support a Business Leaders United letter to support a letter from employers with U.S. facilities urging congressional leaders to invest in skills…
Read More