To amend the Internal Revenue Code of 1986 to extend the deduction for increased expensing for small business.
Latest action · Apr 19, 2005 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 19, 2005
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Internal Revenue Code to extend for two additional years (taxable years beginning before 2010) provisions allowing the increased expensing of small business assets.
Cosponsors 23
Members who signed on, in the order they did. Signatures ran from Apr 19, 2005 to Oct 25, 2005; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-CA | Wally Herger | Original | Apr 19, 2005 |
| R-CO | Bob Beauprez | Apr 26, 2005 | |
| R-NY | John M. McHugh | May 2, 2005 | |
| R-IN | Michael E. Sodrel | May 2, 2005 | |
| R-NY | Sue W. Kelly | May 2, 2005 | |
| R-VA | Virgil H. Goode Jr. | May 2, 2005 | |
| R-VA | Jo Ann Davis | May 4, 2005 | |
| R-TX | Michael T. McCaul | May 10, 2005 | |
| R-WI | Mark Green | May 11, 2005 | |
| R-NJ | Scott Garrett | May 12, 2005 | |
| R-IL | Donald A. Manzullo | Jun 22, 2005 | |
| R-GA | Charles W. Norwood | Jun 24, 2005 | |
| R-IN | Dan Burton | Jun 24, 2005 | |
| R-NY | John R. "Randy" Kuhl Jr. | Jun 27, 2005 | |
| R-TX | Ron Paul | Jun 27, 2005 | |
| R-SC | Joe Wilson | Jul 11, 2005 | |
| R-TN | Zach Wamp | Jul 11, 2005 | |
| R-IN | Mark E. Souder | Jul 14, 2005 | |
| R-MT | Denny Rehberg | Jul 19, 2005 | |
| R-FL | Jeff Miller | Jul 19, 2005 | |
| R-UT | Rob Bishop | Jul 19, 2005 | |
| R-NE | Jeff Fortenberry | Sep 8, 2005 | |
| R-OH | Paul E. Gillmor | Oct 25, 2005 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Apr 19, 2005 |
Actions 2
Everything that happened, newest first.
- Apr 19, 2005Introduced in House
- Apr 19, 2005Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 109-29 | SMALL BUSINESS EXPENSING: JOB GROWTH THROUGH THE TAX CODE36 pages | Small Business Committee | Aug 9, 2005 |
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to extend the deduction for increased expensing for small business.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 19, 2005Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.