HR 3661 · 118th Congress

Small Business Growth Act

<p> <strong>Small Business Growth Act </strong></p> <p>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.</p>

Sponsor

Moore, Blake D. (R-UT)

Introduced

2023-05-25

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.