Small Business Expensing Permanency Act
Latest action · Dec 1, 2009 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12072)
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.
- IntroducedDec 1, 2009
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Small Business Expensing Permanency Act - Amends the Internal Revenue Code to increase (to $250,000) and make permanent the limitation on expensing of depreciable business assets, including computer software.
Cosponsors 1
Members who signed on, in the order they did. All signed on Dec 1, 2009.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-LA | Mary L. Landrieu | Original | Dec 1, 2009 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Dec 1, 2009 |
Actions 3
Everything that happened, newest first.
- Dec 1, 2009Introduced in Senate
- Dec 1, 2009Sponsor introductory remarks on measure. (CR S12071-12072)
- Dec 1, 2009Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12072)
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S12071Text printed S12072 | Olympia J. Snowe R-ME (text) | Dec 1, 2009 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to provide additional tax relief for small businesses, and for other purposes.
- Short Titles as Introduced
- Small Business Expensing Permanency Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Dec 1, 2009Introduced in Senate
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.
