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S 4012 United States Senate · 117th Congress

Renewing Investment in American Workers and Supply Chains Act

Summary
Renewing Investment in American Workers and Supply Chains Act This bill classifies nonresidential real property and residential rental property as 20-year property for depreciation purposes.
Issues: ✓ Budget & TaxesSupports Budget & TaxesClassifies property for longer depreciation, providing tax relief to businesses through extended deductions, aligning with tax relief indicators.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2022
Committee Review
Floor Vote
President
Introduced Apr 6, 2022 Last action Apr 6, 2022
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Apr 6, 2022
Senate · Referred to committee
Read twice and referred to the Committee on Finance.
Apr 6, 2022
Senate · Introduced
Introduced in Senate
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Mike Braun
Mike Braun
RRepublican
IN
n/a