H.R. 4332 · 113th Congress
To direct the Secretary of the Treasury to increase the dollar limitation on the de minimis safe harbor from treatment as a capital expenditure for taxpayers without applicable financial statements.
- Stage
- In committee
- Sponsor
- Cory Gardner
- Introduced
- 2014-03-27
- Latest action
- 2014-03-27 · Introduced in House
Summary
Instructs the Secretary of the Treasury to modify a specified Treasury Regulation to increase from $500 to $1,000 the limitation governing the de minimis safe harbor for taxpayers without applicable financial statements.