H.R. 3661 · 118th Congress
Small Business Growth Act
- Stage
- In committee
- Sponsor
- Blake Moore
- Introduced
- 2023-05-25
- Latest action
- 2023-05-25 · Introduced in House
Summary
Small Business Growth Act
This bill increases from $1 million to $2 million to the limitation on expensing of depreciable business assets. It also increases the asset threshold amount used to reduce the expensing limitation.