To amend the Internal Revenue Code of 1986 to allow the expensing of certain real property.
Small Business Capitol [sic] Expansion and Improvement Act of 2008 - Amends the Internal Revenue Code to allow employers whose average annual gross receipts over a three-year period do not exceed $5 million an election to expense up to $125,000 of the cost of depreciable real property.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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