118th Congress Taxation
S. 2609: Small Business Growth Act
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Marsha Blackburn R-TNOriginal
- Mike Braun R-INOriginal
- Kevin Cramer R-NDOriginal
- James Lankford R-OKOriginal
- James Risch R-IDOriginal
- Thom Tillis R-NCOriginal
Who scored on this bill
No member has earned points from it yet.
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Introductions and cosponsorships count toward weekly caps and show no points.
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History
- Introduced in the Senate by John Barrasso.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Finance.