HR 1678
109th Congress
House
Taxation
Capital investments
Commerce
Depreciation and amortization
Finance and Financial Sector
Income tax
Small business
Tax deductions
To amend the Internal Revenue Code of 1986 to extend the deduction for increased expensing for small business.
Introduced: April 19, 2005
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 19, 2005
Referred to the House Committee on Ways and Means.
Apr 19, 2005
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to extend for two additional years (taxable years beginning before 2010) provisions allowing the increased expensing of small business assets.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1