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Thursday, 03 April, 2014

NATA Statement On Senate Finance Committee Action On Bonus Depreciation

FOR IMMEDIATE RELEASE                                                               FOR MORE INFORMATION CONTACT
Shannon Chambers
Director, Marketing & Communications
800-808-6282
schambers@nata.aero

 

NATA Statement On Senate Finance Committee Action On Bonus Depreciation 

Alexandria, VA, April 3, 2014 – Today the Senate Finance Committee approved the “Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act,” legislation that includes a provision extending 50 percent bonus depreciation to qualified property purchased and placed in service before January 1, 2016.  In a letter to the congressional leadership last week, NATA was joined by other associations including A4A, AIA, and GAMA in requesting the extension.

The following is a statement by National Air Transportation Association President and CEO Thomas L. Hendricks:
 
"NATA deeply appreciates the leadership of Chairman Ron Wyden (D-OR), Ranking Member Orrin Hatch (R-UT), and the other members of the Finance Committee in advancing this important job creating legislation. A two-year extension of bonus depreciation encourages NATA member companies to make additional, immediate investments in the U.S. economy. We look forward to our continued work with the committee as the legislation is considered by the full Senate.”

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NATA, the voice of aviation business, is the public policy group representing the interests of aviation businesses before Congress and the federal agencies. For more information about NATA, please visit www.nata.aero, www.twitter.com/nataaero or www.facebook.com/nataaero.

 

For general press inquiries, contact Shannon Chambers at 703-298-1347 or schambers@nata.aero

The National Air Transportation Association (NATA) has been the voice of aviation business for more than 80 years. Representing nearly 3,700 aviation businesses, NATA’s member companies provide a broad range of services to general aviation, the airlines and the military and NATA serves as the public policy group representing the interests of aviation businesses before Congress and the federal agencies.