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H.R. 4474 · 114th Congress · 2015–2016

Fairness for Agricultural Machinery and Equipment Act

H.R. 4474 in the 114th Congress (2015–2016) was introduced on Feb 4, 2016, sponsored by Ralph Lee Abraham with 26 co-sponsors.

During the 114th Congress (2015–2016), Barack Obama was president, and Republicans held majorities in both the House and Senate.

Status
Introduced
Introduced
Feb 4, 2016
Co-sponsors
26
Policy area
Taxation

What it does

Fairness for Agricultural Machinery and Equipment 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.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Ralph Lee Abraham (R-LA). Co-sponsors: 6 Democrats, 20 Republicans.

Where it stands

  • IntroducedFeb 4, 2016
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Referred to the House Committee on Ways and Means. (Feb 4, 2016)

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 4474 (114th Congress): Fairness for Agricultural Machinery and…,” https://www.capitolreceipts.com/bill/114-hr-4474/fairness-for-agricultural-machinery-and-equipment-act (accessed 2026-10-17).

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