H.R. 4087 — Small Business Investment in Growth Act of 2002

Summary

Small Business Investment in Growth Act of 2002 - Increases to $40,000 the maximum amount a taxpayer may expense certain property (Section 179 business property) as a tax deduction for a taxable year. Increases from $200,000 to $325,000 the amount of property triggering the phaseout of such maximum.

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Legislative Actions

2002-04-09
Introduced in House
2002-04-09
Introduced in House
2002-04-09
Sponsor introductory remarks on measure. (CR E450)
2002-04-09
Referred to the House Committee on Ways and Means.

Small Business Investment in Growth Act of 2002

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