H.R. 361 (111th): To amend the Internal Revenue Code of 1986 to provide a 1-year extension of the increased expensing of certain depreciable business assets and the special depreciation allowance for certain business property.

Introduced:

Jan 9, 2009
111th Congress, 2009–2010

Status:
Died in a previous Congress

This bill was introduced on January 9, 2009, in a previous session of Congress, but was not enacted.

Sponsor:

Bobby Bright
Representative for Alabama's 2nd congressional district
Democrat

Text:

Read Text »
Last Updated: Jan 9, 2009
Length: 3 pages

About the bill

Summary (CRS)
1/9/2009--Introduced.Amends the Internal Revenue Code to extend through 2009: (1) the increased ($250,000) expensing allowance for depreciable business assets; and (2) the additional 50% depreciation allowance for certain types of ... Read more >
Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 4655 (Related)
Small Business Expansion and Job Creation Act of 2010

Referred to Committee
Last Action: Feb 23, 2010

What is a bill?

The “H.R.” in “H.R. 361” means this is a House of Representatives bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

The bill’s title was written by its sponsor.

History

Introduced
Jan 9, 2009

Details

Cosponsors
2 cosponsors (2D) (show)
Committee Assignments

The committee chair determines whether a bill will move past the committee stage.

Votes

There have been no votes related to this bill.

Subject Areas
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Primary Source

THOMAS.gov (The Library of Congress)

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