Politiparty
Politiparty

118th Congress Taxation

H.R. 3661: Small Business Growth Act

Introduced

  1. Introduced (completed)May 25, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, May 25, 2023

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

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Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

11

Who scored on this bill

0 points earned

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Other bills by Blake Moore

History

  1. May 25, 2023Introduced in the House by Blake Moore.
Show the full action history (2 actions)
  1. May 25, 2023Introduced in House
  2. May 25, 2023Referred to the House Committee on Ways and Means.