United States · Bill · HR
H.R. 223 (108th)
Business Expensing Act of 2003
Introduced
7 January 2003
Last action
7 January 2003 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Wilson, Joe [R-SC-2], Rep. Shimkus, John [R-IL-15], Rep. Gillmor, Paul E. [R-OH-5], Rep. King, Steve [R-IA-4], Rep. Miller, Jeff [R-FL-1], Rep. Souder, Mark E. [R-IN-3], Rep. Barrett, J. Gresham [R-SC-3], Rep. Musgrave, Marilyn N. [R-CO-4], Rep. Hoekstra, Peter [R-MI-2], Rep. Goode, Virgil H., Jr. [R-VA-5], Rep. Norwood, Charles W. [R-GA-9], Rep. Hensarling, Jeb [R-TX-5], Rep. Chabot, Steve [R-OH-1], Rep. Bartlett, Roscoe G. [R-MD-6], Rep. Akin, W. Todd [R-MO-2], Rep. Chocola, Chris [R-IN-2], Sen. Toomey, Patrick [R-PA], Rep. Myrick, Sue Wilkins [R-NC-9], Rep. Pitts, Joseph R. [R-PA-16], Rep. Beauprez, Bob [R-CO-7], Rep. Otter, C. L. (Butch) [R-ID-1], Rep. Franks, Trent [R-AZ-8], Rep. Rehberg, Denny [R-MT-At Large]
Subjects
Taxation
Source updated
10 February 2026
Summary
Business Expensing Act of 2003 - Amends the Internal Revenue Code to: (1) increase the first year bonus depreciation to 50 percent for property acquired after December 31, 2003, if no written binding contract was in effect before January 1, 2003; and (2) extend bonus depreciation provisions to 2007.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
7 January 2003
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
7 January 2003
Introduced
Introduced in House
Source: IntroReferral
7 January 2003
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 7 January 2003 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 7 January 2003
Introduced in House (PDF)
Introduced in House · EN · 7 January 2003
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Introduced in House
summary · EN · 7 January 2003
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Wilson, Joe [R-SC-2] · R · Sponsor
- Rep. Shimkus, John [R-IL-15] · R · Cosponsor
- Rep. Gillmor, Paul E. [R-OH-5] · R · Cosponsor
- Rep. King, Steve [R-IA-4] · R · Cosponsor
- Rep. Miller, Jeff [R-FL-1] · R · Cosponsor
- Rep. Souder, Mark E. [R-IN-3] · R · Cosponsor
- Rep. Barrett, J. Gresham [R-SC-3] · R · Cosponsor
- Rep. Musgrave, Marilyn N. [R-CO-4] · R · Cosponsor
- Rep. Hoekstra, Peter [R-MI-2] · R · Cosponsor
- Rep. Goode, Virgil H., Jr. [R-VA-5] · R · Cosponsor
- Rep. Norwood, Charles W. [R-GA-9] · R · Cosponsor
- Rep. Hensarling, Jeb [R-TX-5] · R · Cosponsor
- Rep. Chabot, Steve [R-OH-1] · R · Cosponsor
- Rep. Bartlett, Roscoe G. [R-MD-6] · R · Cosponsor
- Rep. Akin, W. Todd [R-MO-2] · R · Cosponsor
- Rep. Chocola, Chris [R-IN-2] · R · Cosponsor
- Sen. Toomey, Patrick [R-PA] · R · Cosponsor
- Rep. Myrick, Sue Wilkins [R-NC-9] · R · Cosponsor
- Rep. Pitts, Joseph R. [R-PA-16] · R · Cosponsor
- Rep. Beauprez, Bob [R-CO-7] · R · Cosponsor
- Rep. Otter, C. L. (Butch) [R-ID-1] · R · Cosponsor
- Rep. Franks, Trent [R-AZ-8] · R · Cosponsor
- Rep. Rehberg, Denny [R-MT-At Large] · R · Cosponsor
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/108th-congress/house-bill/223
- Open data entity: https://api.congress.gov/v3/bill/108/hr/223
- us · 108-hr-223 · source updated 10 February 2026