The following tax extenders will be reauthorized:
Extension and modification of research credit.
Extension and modification of employer wage credit for employees who are active duty members of the uniformed services.
Extension of 15-year straight-line cost recovery for qualified leasehold improvements, qualified restaurant buildings and improvements, and qualified retail improvements.
Extension and modification of increased expensing limitations and treatment of certain real property as section 179 property.
Extension of treatment of certain dividends of regulated investment companies.
Extension of exclusion of 100 percent of gain on certain small business stock.
Extension of reduction in S-corporation recognition period for built-in gains tax.
Extension of subpart F exception for active financing income.
Extended Through 2019
Extension of new markets tax credit.
Extension and modification of work opportunity tax credit.
Extension and modification of bonus depreciation.
Extension of look-thru treatment of payments between related controlled foreign corporations under foreign personal holding company rules
Extended Through 2016
Extension of Indian employment tax credit.
Extension and modification of railroad track maintenance credit.
Extension of mine rescue team training credit.
Extension of qualified zone academy bonds.
Extension of classification of certain race horses as 3-year property.
Extension of 7-year recovery period for motorsports entertainment complexes.
Extension and modification of accelerated depreciation for business property on an Indian reservation.
Extension of election to expense mine safety equipment.
Extension of special expensing rules for certain film and television productions; special expensing for live theatrical productions.
Extension of deduction allowable with respect to income attributable to domestic production activities in Puerto Rico.
Extension and modification of empowerment zone tax incentives.
Extension of temporary increase in limit on cover over of rum excise taxes to Puerto Rico and the Virgin Islands.
Extension of American Samoa economic development credit.
Moratorium on medical device excise tax.