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Allows Immediate Tax Deductions for Investments
Recent Bills/Allows Immediate Tax Deductions for Investments

Allows Immediate Tax Deductions for Investments

IntroducedN/A
Introduced1 year ago
Intro
Senate
House
Pres
Read twice and referred to the Committee on Finance.
More:Recently Introduced BillsTaxesSenate Bills
Why This Matters

This bill allows businesses to take a full tax deduction for investments in qualified property immediately instead of over several years.

If you own a business and invest in qualified property, you can deduct the full cost immediately instead of over time.
Who this affects
business owners · investors
What changes is this bill making?
  1. 1This bill makes it easier for businesses to deduct the full cost of certain investments right away.
  2. 2It applies to investments in qualified property, which includes equipment and certain plants.
  3. 3The change is permanent, meaning businesses can benefit from this tax deduction every year.
  4. 4This bill aims to encourage businesses to invest more in their operations and growth.
Read the detailed summary

Modernizing Access to our Public Waters Act or the MAPWaters Act of 2025 or the MAPWaters Act of 2025This bill directs the Forest Service and the Department of the Interior to standardize and publish data relating to public's access to federal waterways for recreational use. Specifically, the Forest Service and Interior must jointly develop and adopt interagency standards for data collection and dissemination of geospatial data relating to public outdoor recreational access of federal waterways and federal fishing restrictions. The standards must ensure compatibility and interoperability among applicable federal databases with respect to collection and dissemination of such data. Within five years, the Forest Service and Interior must also digitize and make publicly available online certain geographic information system data about (1) federal waterway restrictions, (2) federal waterway access and navigation information, and (3) federal fishing restrictions. They must also update the data about waterway restrictions, waterway access, and navigation information at least twice per year. Data about fishing restrictions must be updated in real time as changes go into effect. Finally, the Forest Service and Interior must develop a process to allow members of the public to submit questions or comments regarding the data regarding waterway restrictions, waterway access, and navigation information.

Bill Progress1 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedCurrentJan 22, 2025

Read twice and referred to the Committee on Finance.

Sponsors
See all 4 sponsors
Senate
House
President

The President

Donald Trump
President
Awaiting Vote
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