H.R. 5085 · 111th Congress
To amend the Internal Revenue Code of 1986 to eliminate for 5 years the limitation on expensing certain depreciable business assets.
- Stage
- In committee
- Sponsor
- William Owens
- Introduced
- 2010-04-20
- Latest action
- 2010-04-20 · Introduced in House
Summary
Amends the Internal Revenue Code to suspend until 2015 the dollar limitation, and the reduction in such limitation, on certain depreciable business and investment asssets.