House Bill

HB 1044:

Updates laws on income tax write-offs

Not Bipartisan

Bill Primary sponsors

Representative Howard Beaty Jr.

Cosponsors

None

Filed 12.28.22

Full Bill Title

An act to amend the income tax deducation for depreciation and expensing of property; To adopt federal law concerning income tax deductions for depreciation and the expensive of property; And for other purposes

Summary

What it does

This bill would adopt current federal laws on income tax deductions for depreciation and expensing for property. 

You can read the two sections of federal code here:

Options: Filed, on agenda, passed, failed… (more)

Status

Filed

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