EXPENSE Act of 2005
Latest action · Oct 25, 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.
- IntroducedOct 25, 2005
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Expensing Property Expands our Nation's Strong Economy Act of 2005 or the EXPENSE Act of 2005 - Amends the Internal Revenue Code to: (1) repeal the limitations on the expensing of depreciable business assets; and (2) allow taxpers to elect a two-year recovery period for depreciable property.
Cosponsors 10
Members who signed on, in the order they did. Signatures ran from Oct 25, 2005 to Feb 8, 2006, with 4 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-AZ | Jeff Flake | Original | Oct 25, 2005 |
| R-NY | John E. Sweeney | Original | Oct 25, 2005 |
| R-NE | Lee Terry | Original | Oct 25, 2005 |
| R-KS | Todd Tiahrt | Original | Oct 25, 2005 |
| R-TX | K. Michael Conaway | Nov 7, 2005 | |
| R-NY | John R. "Randy" Kuhl Jr. | Nov 18, 2005 | |
| R-TX | Lamar Smith | Nov 18, 2005 | |
| R-LA | Richard H. Baker | Dec 6, 2005 | |
| R-NC | Virginia Foxx | Dec 16, 2005 | |
| R-MI | Thaddeus G. McCotter | Feb 8, 2006 |
Actions 2
Everything that happened, newest first.
- Oct 25, 2005Introduced in House
- Oct 25, 2005Referred to the House Committee on Ways and Means.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Oct 25, 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.