H.R.361 - To amend the Internal Revenue Code of 1986 to provide a 1-year extension of the increased expensing of certain depreciable business assets and the special depreciation allowance for certain business property.

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  • Official: To amend the Internal Revenue Code of 1986 to provide a 1-year extension of the increased expensing of certain depreciable business assets and the special depreciation allowance for certain business property. as introduced.

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Introduced
 
House
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Senate
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President
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01/08/09
 
 
 
 
 
 
 

Official Summary

1/9/2009--Introduced.Amends the Internal Revenue Code to extend through 2009: (1) the increased ($250,000) expensing allowance for depreciable business assets; and (2) the additional 50% depreciation allowance for certain types of investment property (bonus depreciation).

Official Summary

1/9/2009--Introduced.Amends the Internal Revenue Code to extend through 2009:
(1) the increased ($250,000) expensing allowance for depreciable business assets; and
(2) the additional 50% depreciation allowance for certain types of investment property (bonus depreciation).

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Recent News Coverage

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01/11/09
Bright breaks party ranks with two early votes

HR 361 would allow small businesses an extra year to write off some capital expenses and would provide for a greater depreciation allowance for some ...

Source: Dothan Eagle, AL
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Recent Blog Coverage

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05/26/11
House Roll Call #361 Details - OpenCongress

Use the options to the right to narrow down your search results. Sessions: 112th Congress 111th Congress 110th Congress 109th Congress. Search in: Bills Congresspeople Committees Issues User Comments OpenCongress Blog ...

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01/18/11
H.R.361: Abortion Non-Discrimination Act of 2011 - U.S. Congress ...

“Abortion Non-Discrimination Act” (H.R. 361), these bills would stop a pro-abortion President like Obama from reaching into the medical community and using people's moral convictions against them. ... Source: http://www.tcunation.com/ .... OpenCong

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01/03/11
Which young female American tennis player will be the biggest ...

Christina McHale, 17, HR 361, qualified for Aussie Open – Vania King, 20, HR 50, many 2nd round losses at GS's – Madison Keys, 14, (no rank), won 1st WTA match at young age. Who will be most successful? Stars please? ...

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