H.R. 3868 · 109th Congress

Gulf Region Economic Assistance Tax Relief Act

Stage
In committee
Introduced
2005-09-22
Latest action
2005-09-22 · Introduced in House

Summary

Gulf Region Economic Assistance Tax Relief Act - Amends the Internal Revenue Code to increase to $10 million the limit on the expensing of business property that is defined as qualified hurricane recovery property (business property placed in service in 2005 and before January 1, 2007, in a federally-declared hurricane recovery area).