Small Business Expensing Improvement Act of 2003 - Amends the Internal Revenue Code with respect to the expensing of depreciable business assets (section 179) to increase the maximum amount which may be expensed to $75,000 and the phase-out threshold to $325,000.
Actions
Jan 14, 2003
Referred to the Committee on Finance. (text of measure as introduced: CR S300)
Jan 14, 2003
Sponsor introductory remarks on measure. (CR S299-300)