S4924-118

Introduced

To amend the Internal Revenue Code of 1986 to modify the depreciation of nonresidential real property and residential rental property.

118th Congress Introduced Aug 1, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to modify the depreciation of nonresidential real property and residential rental property., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers. The main policy domain is Energy, Finance, Labor.

Who Benefits and How

energy producers, utilities, and energy consumers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, energy producers, utilities, and energy consumers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H17C14E86E21E445285FFA3E793140719: 1. Short title This Act may be cited as the Renewing Investment in American Workers and Supply Chains Act.
  • Section HFD6AEC7006F94B8CBCF1CDFB18A35679: 2. Modification of depreciation of nonresidential real property and residential rental property Section 168(e)(3)(F) of the Internal Revenue Code of 1986 is...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to modify the depreciation of nonresidential real property and residential rental property., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Key Policy Areas

Energy, Finance, Labor

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to modify the depreciation of nonresidential real property and residential rental property., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Policy Domains

Energy Finance Labor

Whole bill

Identified Gains
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
energy producers, utilities, and energy consumers:
Identified Costs
  • federal implementing agencies
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:
energy producers, utilities, and energy consumers:

Legislative Progress

Introduced
Introduced Committee Passed
Aug 1, 2024

Mr. Braun introduced the following bill; which was read twice …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Energy Finance Labor
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology