On September 17 2015, the U.S. House Ways and Means Committee passed five permanent extenders bills. The bills include:
- H.R. 2510 - which would make permanent the additional 50% depreciation allowance, known as bonus depreciation, for depreciable business property (i.e., qualified property) placed in service after 31 December 2014.
- H.R. 961 - which would make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banki…