HR 4129
109th Congress
House
Taxation
Accounting
Commerce
Depreciation and amortization
Finance and Financial Sector
Income tax
Tax deductions
EXPENSE Act of 2005
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 25, 2005
Referred to the House Committee on Ways and Means.
Oct 25, 2005
Introduced in House
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Plain-English summary
Expensing Property Expands our Nation's Strong Economy Act of 2005 or the EXPENSE Act of 2005 - Amends the Internal Revenue Code to: (1) repeal the limitations on the expensing of depreciable business assets; and (2) allow taxpers to elect a two-year recovery period for depreciable property.
What's happening now
Referred to the House Committee on Ways and Means.
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
2
Cite this page
U.S. Congress. (2026). H.R. 4129: EXPENSE Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-4129/
"H.R. 4129: EXPENSE Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-4129/.
H.R. 4129, 109th Cong. (2026), https://openamerica.io/bill/109-HR-4129/.
[H.R. 4129: EXPENSE Act of 2005](https://openamerica.io/bill/109-HR-4129/)