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
ARSA Survey – Workforce Remains Top Concern
May 17, 2022 | Categories:
ARSA News & Updates, ARSA Works
ARSA’s 2022 member survey paints a picture of an industry slowly recovering from the pandemic but still suffering a severe labor shortage. In total, 108 member companies from around the…Read More
Hotline Highlight – Collaboration Brings Results
May 10, 2022 | Categories:
ARSA News & Updates
The hotline – ARSA’s premier member newsletter – contains news, editorial content, analysis and resources for the aviation maintenance community. All members should ensure they receive their edition the first week of…Read More
FAA Issues WebOPSS Access Workaround
May 09, 2022 | Categories:
Act Now, ARSA News & Updates, ARSA Works, Design & Production, FAA, Regulatory, Rulemaking
The FAA will miss the June 15 deadline for updating its WebOPSS system to operate in the Microsoft Edge browser. Microsoft will decommission Internet Explorer, which was required for accessing…Read More
