Gulf Region Economic Assistance Tax Relief Act
Official title: To increase and expand expensing under section 179 of the Internal Revenue Code of 1986 for property in hurricane disaster areas declared in 2005.
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Referred to the House Committee on Ways and Means.
Gulf Region Economic Assistance Tax Relief Act - Amends the Internal Revenue Code to increase to $10 million the limit on the expensing of business property that is defined as qualified hurricane recovery property (business property placed in service in 2005 and before January 1, 2007, in a federally-declared hurricane recovery area).
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3868: Gulf Region Economic Assistance Tax Relief Act. 109th Congress. Open America. https://openamerica.io/bill/109-HR-3868/
"H.R. 3868: Gulf Region Economic Assistance Tax Relief Act." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-3868/.
H.R. 3868, 109th Cong. (2026), https://openamerica.io/bill/109-HR-3868/.
[H.R. 3868: Gulf Region Economic Assistance Tax Relief Act](https://openamerica.io/bill/109-HR-3868/)