United States · Bill · S
S. 2540 (110th)
A bill to amend the Internal Revenue Code to provide expensing for certain property placed in service during 2008 and 2009.
Introduced
22 January 2008
Last action
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Status
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S100-101)
Sponsors
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Subjects
Discovery layer
Source updated
14 January 2025
Summary
Amends the Internal Revenue Code to allow a current year tax deduction of the cost of business equipment placed in service in 2008 and 2009 for which cost recovery periods of three, five, or seven years are currently allowed.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 22 January 2008
Introduced in Senate (PDF)
Introduced in Senate · EN · 22 January 2008
Introduced in Senate
summary · EN · 22 January 2008
Sponsors
No sponsors or actors listed by the source.
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/110th-congress/senate-bill/2540
- Open data entity: https://api.congress.gov/v3/bill/110/s/2540