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United States · Bill · S

S. 2609 (118th)

Small Business Growth Act

referredUnited States· United States Congress· EN

Introduced

27 July 2023

Last action

27 July 2023 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Barrasso, John [R-WY], Sen. Lankford, James [R-OK], Sen. Blackburn, Marsha [R-TN], Sen. Tillis, Thomas [R-NC], Sen. Braun, Mike [R-IN], Sen. Risch, James E. [R-ID], Sen. Cramer, Kevin [R-ND]

Subjects

Taxation

Source updated

24 July 2024

Taxation

Summary

Small Business Growth Act This bill increases from $1 million to $2.5 million the limitation on expensing of depreciable business assets. It also increases the asset threshold amount used to reduce the expensing limitation.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 27 July 2023

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 27 July 2023

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 27 July 2023

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 27 July 2023

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 27 July 2023

    Open at official source

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Sponsors

Related records

Sources

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