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HR 179 108th Congress House

Small Business Expensing Improvement Act of 2003

Official title: To amend the Internal Revenue Code of 1986 to expand the depreciation benefits available to small businesses, and for other purposes.

Introduced: January 7, 2003 See on congress.gov
Taxation CommerceCost of living adjustmentsDepreciation and amortizationEconomics and Public Finance
More subjectsShow fewer subjects
Income taxIndexing (Economic policy)Small businessTax deductions
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 7, 2003
Referred to the House Committee on Ways and Means.
Jan 7, 2003
Sponsor introductory remarks on measure. (CR E28)
Jan 7, 2003
Introduced in House
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 Latest action January 7, 2003

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
Small Business Expensing Improvement Act of 2003 - Amends the Internal Revenue Code with respect to the expensing of depreciable business assets (section 179) to increase the maximum amount which may be expensed to $75,000 and the phase-out threshold to $325,000.
 Related & companion bills 1
  • S 158 Identical bill Small Business Expensing Improvement Act of 2003
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
Graves, Sam
Missouri · Feb 5, 2003
 R
Wilson, Joe
South Carolina · Jan 31, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 179: Small Business Expensing Improvement Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-179/
MLA
"H.R. 179: Small Business Expensing Improvement Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-179/.
Bluebook (legal)
H.R. 179, 108th Cong. (2026), https://openamerica.io/bill/108-HR-179/.
Markdown link
[H.R. 179: Small Business Expensing Improvement Act of 2003](https://openamerica.io/bill/108-HR-179/)
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