S 2609 · 118th Congress
Small Business Growth Act
<p> <strong>Small Business Growth Act </strong></p> <p>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.</p>
- Sponsor
- Barrasso, John (R-WY)
- Introduced
- 2023-07-27
- Policy area
- Taxation
- Latest action
- Read twice and referred to the Committee on Finance.
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