Google Plus Facebook LinkedIn Twitter Vimeo RSS

Sen. Bob Casey bill to extend 15-year depreciation period aiding restaurants

By - Last modified: April 19, 2013 at 11:48 AM

U.S. Sen. Bob Casey has unveiled legislation to make permanent the 15-year tax depreciation period that benefits new construction and retail improvements at restaurants, according to a news release.

Permanently extending the 15-year period for new construction, leasehold, restaurant and retail improvements will help businesses access capital and give them certainty needed to expand, the release stated.

The legislation has bipartisan support, according to Casey’s office.

Brent Burkey

Brent Burkey

Brent Burkey covers York County, agribusiness, energy and environment, and workforce issues. Have a tip or question for him? Email him at brentb@cpbj.com. Follow him on Twitter, @brentburkey.

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

close
Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!