2025-2026 Regular Session • US 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
Status Information
Current Status
Introduced(5/8/2025)
Chamber
Senate
Committee
Finance(Senate)
Sponsors
Republican: 12
Primary Sponsor

John Barrasso
Republican