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United States · Bill · S

S. 158 (108th)

Small Business Expensing Improvement Act of 2003

referredUnited States· United States Congress· EN

Introduced

14 January 2003

Last action

Status

Referred to the Committee on Finance. (text of measure as introduced: CR S300)

Sponsors

Subjects

Discovery layer

Source updated

18 August 2025

Summary

Small Business Expensing Improvement Act of 2003 - Amends the Internal Revenue Code with respect to the expensing of depreciable business assets (section 179) to increase the maximum amount which may be expensed to $75,000 and the phase-out threshold to $325,000.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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