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HR 5085 110th Congress House

Small Business Expensing Temporary Expansion Act of 2008

Official title: To amend the Internal Revenue Code of 1986 to expand expensing for small business.

Introduced: January 22, 2008 See on congress.gov
Taxation
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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 22, 2008
Referred to the House Committee on Ways and Means.
Jan 22, 2008
Sponsor introductory remarks on measure. (CR E53-54)
Jan 22, 2008
Introduced in House
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 Latest action January 22, 2008

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Small Business Expensing Temporary Expansion Act of 2008 - Amends the Internal Revenue Code to: (1) increase the expensing allowance for small business depreciable assets to $500,000 between 2008 and 2011; (2) increase the threshold for reductions in the expensing allowance to $2 million between 2008 and 2011; and (3) adjust such higher expensing amounts for inflation between 2008 and 2011.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5085: Small Business Expensing Temporary Expansion Act of 2008. 110th Congress. Open America. https://openamerica.io/bill/110-HR-5085/
MLA
"H.R. 5085: Small Business Expensing Temporary Expansion Act of 2008." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-5085/.
Bluebook (legal)
H.R. 5085, 110th Cong. (2026), https://openamerica.io/bill/110-HR-5085/.
Markdown link
[H.R. 5085: Small Business Expensing Temporary Expansion Act of 2008](https://openamerica.io/bill/110-HR-5085/)
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