United States · Bill · HR
H.R. 223 (108th)
Business Expensing Act of 2003
Introduced
7 January 2003
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
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.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 7 January 2003
Introduced in House (PDF)
Introduced in House · EN · 7 January 2003
Introduced in House
summary · EN · 7 January 2003
Sponsors
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Related records
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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