2025-2026 Regular SessionUS Congress Legislature

SB1688

Legislative Summary

A bill to amend the Internal Revenue Code of 1986 to permanently extend the allowance for depreciation, amortization, or depletion for purposes of determining the income limitation on the deduction for business interest and for other purposes.

Bill History

5/8/2025
Read twice and referred to the Committee on Finance. (text: CR S2841)
Senate