H.R. 5085 — To amend the Internal Revenue Code of 1986 to eliminate for 5 years the limitation on expensing certain depreciable business assets.

Summary

Amends the Internal Revenue Code to suspend until 2015 the dollar limitation, and the reduction in such limitation, on certain depreciable business and investment asssets.

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Legislative Actions

2010-04-20
Introduced in House
2010-04-20
Introduced in House
2010-04-20
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to eliminate for 5 years the limitation on expensing certain depreciable business assets.

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