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Thursday, 21 May, 2015

NATA Supports Tiberi Bonus Depreciation Legislation

 

NATA Statement In Support Of Tiberi Bonus Depreciation Legislation

Washington, DC, May 21, 2015 – Today, Representative Pat Tiberi (R-OH) reintroduced legislation to make permanent the immediate expensing of 50% of new investments in equipment and software. Immediate expensing, or bonus depreciation, expired at the end of 2014. Similar legislation was approved by the House of Representatives in 2014. 

The following is a statement by National Air Transportation Association President and CEO Thomas L. Hendricks:

"NATA deeply appreciates Representative Tiberi’s commitment to this important job creating legislation and urges the House Ways and Means Committee to give it prompt consideration. The legislation’s permanent extension of 50% expensing for new equipment and software will assist the general aviation sector by encouraging aviation businesses to make immediate capital investments in the U.S. economy.”

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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.