S.1298 - A bill to amend the Internal Revenue Code of 1986 to adjust the limits on expensing of certain depreciable business assets.

view all titles (1)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code of 1986 to adjust the limits on expensing of certain depreciable business assets. as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 1
  • Past Seven Days: 1
  • All-Time: 182
 
Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
07/16/13
 
 
 
 
 
 
 

Sponsor

Senator

Mark Begich

D-AK

No Co-Sponsors

Official Summary

Amends the Internal Revenue Code to increase, for taxable years beginning after 2013: (1) the limitation on the amount of the expensing allowance for depreciable business assets from $25,000 to $200,000, and (2) the threshold amount over which such expensing allowance is reduced from $200,0

Official Summary

Amends the Internal Revenue Code to increase, for taxable years beginning after 2013:
(1) the limitation on the amount of the expensing allowance for depreciable business assets from $25,000 to $200,000, and
(2) the threshold amount over which such expensing allowance is reduced from $200,000 to $800,000.

...Read the Rest




Vote on This Bill

-% Users Support Bill

0 in favor / 0 opposed
 

Send Your Senator a Letter

about this bill Support Oppose Tracking
Track with MyOC