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Casey pushes tax break bill for restaurants

By 69 News, (follow: @69news), news@wfmz.com
Published On: Apr 25 2013 07:00:00 PM CDT
Updated On: Apr 26 2013 06:11:11 PM CDT

Pennsylvania Senator Bob Casey wants to throw a rope to restaurant owners.

Pennsylvania Senator Bob Casey wants to throw a rope to restaurant owners.

Casey spoke Friday at Louie's Italian Restaurant in Allentown.

Casey has a bill that would permanently extend a tax break, a 15-year tax depreciation period, for improvements to restaurants and other businesses.

The period reverts to 39 years at the end of the year.

Casey says it would help Pennsylvania's $17 billion restaurant industry invest more.

"If they get the benefit of that, sliced up 39 years, obviously that benefit is going to be smaller than if they compressed it into 15 years.

Restaurant groups also contend that the 39-year depreciation schedule is out of touch.

Several Democratic and Republican senators are already backing the bill.