HR 3868
109th Congress
House
Taxation
Commerce
Depreciation and amortization
Disaster relief
Emergency Management
Hurricane aftermath legislation
Hurricanes
Income tax
Tax deductions
Gulf Region Economic Assistance Tax Relief Act
Introduced: September 22, 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
Sep 22, 2005
Referred to the House Committee on Ways and Means.
Sep 22, 2005
Introduced in House
Plain-English summary
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).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1