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United States · Bill · HR

H.R. 158 (112th)

EXPENSE Act of 2011

referredUnited States· United States Congress· EN

Introduced

5 January 2011

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Expensing Property Expands our Nation's Strong Economy Act of 2011 or the EXPENSE Act of 2011 - Amends the Internal Revenue Code to: (1) repeal the limitations on the expensing of depreciable business assets; and (2) allow taxpayers to elect a two-year recovery period for depreciable property.

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Documents

3 official files

Introduced in House (text)

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Sources

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