HR 4305 · 109th Congress 2005–2007, ended

To amend the Internal Revenue Code of 1986 to provide increased expensing for section 179 property in the Gulf Opportunity Zone.

Introduced Nov 10, 2005 Originated House Sponsor Marilyn N. Musgrave R-CO

Fact sheet

Latest action · Nov 10, 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.

  1. IntroducedNov 10, 2005
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Amends the Internal Revenue to increase the expensing allowance (i.e., a tax deduction in the current taxable year) for the cost of Gulf Opportunity Zone property placed in service in the Hurricane Katrina disaster area.

Cosponsors 15

Members who signed on, in the order they did. All signed on Nov 10, 2005.

SeatCosponsorSigned on
R-LABobby JindalOriginalNov 10, 2005
R-CADarrell IssaOriginalNov 10, 2005
R-FLDave WeldonOriginalNov 10, 2005
R-SCJ. Gresham BarrettOriginalNov 10, 2005
R-TXJeb HensarlingOriginalNov 10, 2005
R-NEJeff FortenberryOriginalNov 10, 2005
R-SCJoe WilsonOriginalNov 10, 2005
R-MNJohn KlineOriginalNov 10, 2005
R-CAJohn T. DoolittleOriginalNov 10, 2005
R-GALynn A. WestmorelandOriginalNov 10, 2005
R-GAPhil GingreyOriginalNov 10, 2005
R-NJScott GarrettOriginalNov 10, 2005
R-IASteve KingOriginalNov 10, 2005
R-OKTom ColeOriginalNov 10, 2005
R-FLTom FeeneyOriginalNov 10, 2005

Actions 2

Everything that happened, newest first.

  1. Nov 10, 2005Introduced in House
  2. Nov 10, 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.

  1. Nov 10, 2005Introduced in House

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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.