S. 2609 · 118th Congress
Small Business Growth Act
- Stage
- In committee
- Sponsor
- John Barrasso
- Introduced
- 2023-07-27
- Latest action
- 2023-07-27 · Introduced in Senate
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.