(Wines&Vines) - When the U.S. House of Representatives passed the Tax Cuts and Jobs Act for the second time this morning; it included unexpected last-minute wording that will benefit the owners of vineyards and orchards. Section 13201 of this bill allows “plants bearing fruits and nuts” to be fully depreciated in the year they are planted. The 100% depreciation will apply to “a plant which is planted or grafted after Sept. 27, 2017, and before Jan. 1, 2023.” That depreciation will then drop by 20% each year until Jan. 1, 2027, when the depreciation will be reduced to zero.