Agriculture Equipment and Machinery Depreciation Act
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vs 3,548 other S bills in the 114th — cohort avg 43d
Agriculture Equipment and Machinery Depreciation Act This bill amends the Internal Revenue Code to eliminate the placed-in-service restriction on the depreciation of certain farming business machinery and equipment and to make permanent the five-year recovery period for such property.
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Filing registrants (3)
2016 · fourth_quarter · Taxation/Internal Revenue Code
The organization supports replacing the current federal income tax with a system that is simple, transparent, revenue-neutral and equitable. As such, we are closely monitoring discussions in the House Ways and Means Committee and the Senate Finance Committee. We are also supportive of extending certain temporary tax provisions and maintaining the like-kind exchange provision in the Internal Revenue Code. Jobs and Premium Protection Act (S.183/H.R.928): Legislation that would repeal the tax levied on a health insurance company's net premium. The tax was included in the Patient Protection and Affordable Care Act, which Farm Bureau opposed. The organization supports S.183/H.R.928. Death Tax Repeal Act (S.860/H.R.1155): Legislation that would amend the Internal Revenue Code to repeal estate and generation-skipping transfer taxes. The organization opposes the estate tax and therefore supports S.860/H.R.1155. Marketplace Fairness Act of 2015 (S.698): Legislation that would allow each member state under the Streamlined Sales and Use Tax Agreement to require all sellers not qualifying for a small-seller exception to collect and remit sales and use taxes with respect to internet sales. Remote sellers with less than $1 million annual sales are excluded; those who are above the threshold would be provided software for collecting the tax. The organization supports fair competition between local and main street retailers and internet-only sellers. The House companion bill is H.R.2775, the Remote Transactions Parity Act. Farm Equipment Depreciation (S.2202/H.R.4474): Legislation to permanently reinstate five-year depreciation for farm equipment. The organization supports this change since agriculture is an equipment-heavy industry. The Protect Family Farms and Businesses Act (H.R.6100/S.3436): Legislation to prohibit the Internal Revenue Service from finalizing and implementing its proposed regulations on liquidation of an interest with respect to estate, gift, and generation-skipping transfer taxes. The organization opposes the rulemaking because it would make it more difficult for farmers and ranchers who operate family-owned partnerships, LLCs or corporations to transfer their farms and ranches to the next generation. Comments were filed during the public comment period. Biodiesel Tax Incentive Reform and Extension Act of 2016 (H.R.5240): Legislation that would extend the $1-per-gallon tax credit for biodiesel through the end of 2019 and reform the credit from a blenders credit to a producers credit for fuel using U.S. commodities. The organization supports the bill.
Read twice and referred to the Committee on Finance.
Introduced in Senate
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Sources: Congress.gov
Client expense: $60,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Taxation/Internal Revenue Code
Agriculture/food-related provisions of: H.R. 3933, 179 Act S.2202, Agriculture Equipment and Machinery Depreciation Act Issues other than legislation: Targeted tax reductions. Tax exemption for farmland sold with residence. Tax credits for state and local property taxes. Federal estate tax reform. Tax deductibility of insurance premiums. tax credits for renewable energy Tax credits for small businesses Tax deductions for charitable donations
Client expense: $10,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Commodity Futures Trading Commission (CFTC), Council of Economic Advisers (CEA), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Executive Office of the President (EOP), Farm Credit Administration, Federal Aviation Administration (FAA), Federal Emergency Management Agency (FEMA), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Intl Trade Administration (ITA), Justice, Dept of (DOJ), Labor, Dept of (DOL), Maritime Administration (MARAD), Natl Aeronautics & Space Administration (NASA), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Patent & Trademark Office (PTO), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Surface Transportation Board (STB), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. International Trade Commission (ITC), U.S. Trade Representative (USTR)
2016 · third_quarter · Taxation/Internal Revenue Code
The organization supports replacing the current federal income tax with a system that is simple, transparent, revenue-neutral and equitable. As such, we are closely monitoring discussions in the House Ways and Means Committee and the Senate Finance Committee. We are also supportive of extending certain temporary tax provisions and maintaining the like-kind exchange provision in the Internal Revenue Code. Jobs and Premium Protection Act (S.183/H.R.928): Legislation that would repeal the tax levied on a health insurance company's net premium. The tax was included in the Patient Protection and Affordable Care Act, which Farm Bureau opposed. The organization supports S.183/H.R.928. Death Tax Repeal Act (S.860/H.R.1155): Legislation that would amend the Internal Revenue Code to repeal estate and generation-skipping transfer taxes. The organization opposes the estate tax and therefore supports S.860/H.R.1155. Marketplace Fairness Act of 2015 (S.698): Legislation that would allow each member state under the Streamlined Sales and Use Tax Agreement to require all sellers not qualifying for a small-seller exception to collect and remit sales and use taxes with respect to internet sales. Remote sellers with less than $1 million annual sales are excluded; those who are above the threshold would be provided software for collecting the tax. The organization supports fair competition between local and main street retailers and internet-only sellers. The House companion bill is H.R.2775, the Remote Transactions Parity Act. Farm Equipment Depreciation (S.2202/H.R.4474): Legislation to permanently reinstate five-year depreciation for farm equipment. The organization supports this change since agriculture is an equipment-heavy industry. The Protect Family Farms and Businesses Act (H.R.6100/S.3436): Legislation to prohibit the Internal Revenue Service from finalizing and implementing its proposed regulations on liquidation of an interest with respect to estate, gift, and generation-skipping transfer taxes. The organization opposes the rulemaking because it would make it more difficult for farmers and ranchers who operate family-owned partnerships, LLCs or corporations to transfer their farms and ranches to the next generation. Biodiesel Tax Incentive Reform and Extension Act of 2016 (H.R.5240): Legislation that would extend the $1-per-gallon tax credit for biodiesel through the end of 2019 and reform the credit from a blenders credit to a producers credit for fuel using U.S. commodities. The organization supports the bill.
Client expense: $50,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Taxation/Internal Revenue Code
Agriculture/food-related provisions of: H.R. 3933, 179 Act S.2202, Agriculture Equipment and Machinery Depreciation Act Issues other than legislation: Targeted tax reductions. Tax exemption for farmland sold with residence. Tax credits for state and local property taxes. Federal estate tax reform. Tax deductibility of insurance premiums. tax credits for renewable energy Tax credits for small businesses Tax deductions for charitable donations
Client expense: $10,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Commodity Futures Trading Commission (CFTC), Council of Economic Advisers (CEA), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Executive Office of the President (EOP), Farm Credit Administration, Federal Aviation Administration (FAA), Federal Emergency Management Agency (FEMA), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Intl Trade Administration (ITA), Justice, Dept of (DOJ), Labor, Dept of (DOL), Maritime Administration (MARAD), Natl Aeronautics & Space Administration (NASA), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Patent & Trademark Office (PTO), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Surface Transportation Board (STB), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. International Trade Commission (ITC), U.S. Trade Representative (USTR)
2016 · second_quarter · Taxation/Internal Revenue Code
The organization supports replacing the current federal income tax with a system that is simple, transparent, revenue-neutral and equitable. As such, we are closely monitoring discussions in the House Ways and Means Committee and the Senate Finance Committee. We are also supportive of extending certain temporary tax provisions and maintaining the like-kind exchange provision in the Internal Revenue Code. Jobs and Premium Protection Act (S.183/H.R.928): Legislation that would repeal the tax levied on a health insurance company's net premium. The tax was included in the Patient Protection and Affordable Care Act, which Farm Bureau opposed. The organization supports S. 183/H.R. 928. Death Tax Repeal Act (S.860/H.R.1155): Legislation that would amend the Internal Revenue Code to repeal estate and generation-skipping transfer taxes. The organization opposes the estate tax and therefore supports S. 860/H.R. 1155. Marketplace Fairness Act of 2015 (S.698): Legislation that would allow each member state under the Streamlined Sales and Use Tax Agreement to require all sellers not qualifying for a small-seller exception to collect and remit sales and use taxes with respect to internet sales. Remote sellers with less than $1 million annual sales are excluded; those who are above the threshold would be provided software for collecting the tax. The organization supports fair competition between local and main street retailers and internet-only sellers. The House companion bill is H.R. 2775, the Remote Transactions Parity Act. Farm Equipment Depreciation (S. 2202/H.R. 4474): Legislation to permanently reinstate five-year depreciation for farm equipment. The organization supports this change since agriculture is an equipment-heavy industry.
Client expense: $60,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE
2016 · second_quarter · Taxation/Internal Revenue Code
Agriculture/food-related provisions of: H.R. 3933, 179 Act S.2202, Agriculture Equipment and Machinery Depreciation Act Issues other than legislation: Targeted tax reductions. Tax exemption for farmland sold with residence. Tax credits for state and local property taxes. Federal estate tax reform. Tax deductibility of insurance premiums. tax credits for renewable energy Tax credits for small businesses Tax deductions for charitable donations
Client expense: $10,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Commodity Futures Trading Commission (CFTC), Council of Economic Advisers (CEA), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Executive Office of the President (EOP), Farm Credit Administration, Federal Aviation Administration (FAA), Federal Emergency Management Agency (FEMA), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Intl Trade Administration (ITA), Justice, Dept of (DOJ), Labor, Dept of (DOL), Maritime Administration (MARAD), Natl Aeronautics & Space Administration (NASA), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Patent & Trademark Office (PTO), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Surface Transportation Board (STB), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. International Trade Commission (ITC), U.S. Trade Representative (USTR)
2016 · first_quarter · Taxation/Internal Revenue Code
Agriculture/food-related provisions of: H.R. 3933, 179 Act S.2202, Agriculture Equipment and Machinery Depreciation Act Issues other than legislation: Targeted tax reductions. Tax exemption for farmland sold with residence. Tax credits for state and local property taxes. Federal estate tax reform. Tax deductibility of insurance premiums. tax credits for renewable energy Tax credits for small businesses Tax deductions for charitable donations
Client expense: $10,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Bureau of Indian Affairs (BIA), Commodity Futures Trading Commission (CFTC), Council of Economic Advisers (CEA), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Executive Office of the President (EOP), Farm Credit Administration, Federal Aviation Administration (FAA), Federal Emergency Management Agency (FEMA), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Intl Trade Administration (ITA), Justice, Dept of (DOJ), Labor, Dept of (DOL), Maritime Administration (MARAD), Natl Aeronautics & Space Administration (NASA), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Patent & Trademark Office (PTO), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Surface Transportation Board (STB), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. International Trade Commission (ITC), U.S. Trade Representative (USTR)
2016 · first_quarter · Taxation/Internal Revenue Code
The organization supports replacing the current federal income tax with a system that is simple, transparent, revenue-neutral and equitable. As such, we are closely monitoring discussions in the House Ways and Means Committee and the Senate Finance Committee. We are also supportive of extending certain temporary tax provisions. Jobs and Premium Protection Act (S.183/H.R.928): Legislation that would repeal the tax levied on a health insurance company's net premium. The tax was included in the Patient Protection and Affordable Care Act, which Farm Bureau opposed. The organization supports S. 183/H.R. 928. Death Tax Repeal Act (S.860/H.R.1155): Legislation that would amend the Internal Revenue Code to repeal estate and generation-skipping transfer taxes. The organization opposes the estate tax and therefore supports S. 860/H.R. 1155. Marketplace Fairness Act of 2015 (S.698): Legislation that would allow each member state under the Streamlined Sales and Use Tax Agreement to require all sellers not qualifying for a small-seller exception to collect and remit sales and use taxes with respect to internet sales. Remote sellers with less than $1 million annual sales are excluded; those who are above the threshold would be provided software for collecting the tax. The organization supports fair competition between local and main street retailers and internet-only sellers. The House companion bill is H.R. 2775, the Remote Transactions Parity Act. Farm Equipment Depreciation (S. 2202/H.R. 4474): Legislation to permanently reinstate five-year depreciation for farm equipment. The organization supports this change since agriculture is an equipment-heavy industry.
Client expense: $70,000 · Firm income: Not reported
2015 · fourth_quarter · Taxation/Internal Revenue Code
Agriculture/food-related provisions of: H.R. 3933, 179 Act S.2202, Agriculture Equipment and Machinery Depreciation Act Issues other than legislation: Targeted tax reductions. Tax exemption for farmland sold with residence. Tax credits for state and local property taxes. Federal estate tax reform. Tax deductibility of insurance premiums. tax credits for renewable energy Tax credits for small businesses Tax deductions for charitable donations
Client expense: $10,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Bureau of Indian Affairs (BIA), Commodity Futures Trading Commission (CFTC), Council of Economic Advisers (CEA), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Executive Office of the President (EOP), Farm Credit Administration, Federal Emergency Management Agency (FEMA), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Intl Trade Administration (ITA), Justice, Dept of (DOJ), Labor, Dept of (DOL), Maritime Administration (MARAD), Natl Aeronautics & Space Administration (NASA), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Surface Transportation Board (STB), Transportation, Dept of (DOT), Treasury, Dept of, U.S. International Trade Commission (ITC), U.S. Trade Representative (USTR)
2015 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 2510 - Bonus Depreciation (Section 179 Bonus Depreciation); Agriculture Equipment and Machinery Depreciation Act; S.2202 - Agriculture Equipment and Machinery Depreciation Act; Fair market test unrelated business income; Donated foods.
Client expense: $30,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Environmental Protection Agency (EPA), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, SENATE
Government targets: Army, Dept of (Corps of Engineers), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE