General Aviation Jobs Act
On October 15, 2009, U.S. Representative Todd Tiahrt (R-KS) introduced H.R. 3844, the General Aviation Jobs Act of 2009 that would amend the Internal Revenue Code of 1986.
H.R. 3844 would extend the current bonus depreciation allowance for another two years and shorten the recovery period for non-commercial aircraft property from five to three years, potentially boosting general aviation aircraft sales.