NATA Statement On House Ways and Means Committee Action On Bonus Depreciation

On May 29, the House Ways and Means Committee approved H.R. 4718, legislation to make permanent the immediate expensing of 50% of new investments in equipment and software. NATA joined other major associations including the National Association of Manufacturers and the U.S. Chamber of Commerce in support of the legislation.

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

"NATA deeply appreciates the leadership of Chairman Dave Camp, Representative Pat Tiberi, and the other members of the Ways and Means Committee for approving legislation to make permanent this important job creating provision. Studies have shown that by encouraging NATA member companies, and others, to make additional immediate investments in the U.S. economy we can create over 200,000 jobs.”