United States · Bill · HR
H.R. 4470 (107th)
Small Business Expensing Improvement Act of 2002
Introduced
17 April 2002
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
19 August 2025
Summary
Small Business Expensing Improvement Act of 2002 - Amends the Internal Revenue Code with respect to the expensing of depreciable business assets (section 179) to: (1) increase the maximum amount which may be expensed to $40,000 (eliminating the current phase-in of annual increases) and the phase-out threshold to $325,000; and (2) make certain computer software and property used for lodging eligible for section 179 expensing.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 17 April 2002
Introduced in House (PDF)
Introduced in House · EN · 17 April 2002
Introduced in House
summary · EN · 17 April 2002
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/107th-congress/house-bill/4470
- Open data entity: https://api.congress.gov/v3/bill/107/hr/4470