US SB2609 | 2023-2024 | 118th Congress
Status
Spectrum: Partisan Bill (Republican 7-0)
Status: Introduced on July 27 2023 - 25% progression
Action: 2023-07-27 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 27 2023 - 25% progression
Action: 2023-07-27 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to increase the dollar limitation for the election to expense certain depreciable business assets.
Title
Small Business Growth Act
Sponsors
| Sen. John Barrasso [R-WY] | Sen. James Lankford [R-OK] | Sen. Marsha Blackburn [R-TN] | Sen. Thom Tillis [R-NC] |
| Sen. Mike Braun [R-IN] | Sen. James Risch [R-ID] | Sen. Kevin Cramer [R-ND] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-07-27 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3661 (Related) 2023-05-25 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/senate-bill/2609/all-info |
| Text | https://www.congress.gov/118/bills/s2609/BILLS-118s2609is.pdf |
