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United States · Bill · HR

H.R. 657 (107th)

Small Business Expensing Improvement Act of 2001

referredUnited States· United States Congress· EN

Introduced

14 February 2001

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 2001 - Amends the Internal Revenue Code with respect to the expensing of depreciable business assets (section 179) to: (1) increase maximum annual amounts and the phase-out threshold (eliminating the current phase-in of annual increases); and (2) make certain computer software and property used for lodging eligible for expensing.

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Documents

3 official files

Introduced in House (text)

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Sources

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