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
Maintenance Educators Update Congress on Talent Pipeline
September 24, 2024 | Categories:
Act Now, Advocacy, ARSA News & Updates, ARSA Works, Legislative, Press Releases, Regulatory
On Sept. 19, the Aviation Technician Education Council (ATEC) released its 2024 Pipeline Report. The report’s analysis was performed by Oliver Wyman Vector, which also produces ARSA’s Annual Market Assessment,…Read More
Technical Industries Push U.S. Congress for Workforce Funding
September 16, 2024 | Categories:
Act Now, Advocacy, ARSA News & Updates, ARSA Works, Legislative, Press Releases, Regulatory
On Sept. 12, ARSA joined nearly 130 organizations across multiple industries and academia in urging U.S. congressional leaders to fully fund federal workforce programs.
“Employers are already facing workforce challenges.…Read More
Experiencing FAA Misunderstanding of Rulemaking Communications
August 28, 2024 | Categories:
ARSA News & Updates, FAA, Maintenance, Operations, Regulatory, Rulemaking
On Aug. 22, ARSA offered to help the Office of the FAA’s Chief Counsel correct misunderstanding of ex parte communications during active rulemaking. Such engagement is a method of ensuring…Read More
FAA Releases Limited-function Repair Station Directory
August 22, 2024 | Categories:
ARSA News & Updates
In August, ARSA tested the FAA’s new searchable directory of certificated repair stations. The system, which has been integrated to include all part 141, 142, and 147 in addition to…Read More
