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United States · Bill · HR

H.R. 4129 (109th)

EXPENSE Act of 2005

referredUnited States· United States Congress· EN

Introduced

25 October 2005

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

15 August 2025

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.

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Documents

3 official files

Introduced in House (text)

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