Capitol Icon
House
Oct 25, 2005

EXPENSE Act of 2005

Summary

Official

Expensing Property Expands our Nation's Strong Economy Act of 2005 or the EXPENSE Act of 2005 - Amends the Internal Revenue Code to: (1) repeal the limitations on the expensing of depreciable business assets; and (2) allow taxpers to elect a two-year recovery period for depreciable property.

How would you vote on this bill?

YesNo
Bill Progress

Bill has been introduced and assigned a number

Introduced(10/25/05)
Committee
Passed House
Passed Senate
President
Law

Sponsor

PS

Mr. Sessions

House (R) Texas – 17

Cosponsors (10)

RB

BAKER

(R) LA

TM

McCotter

(R) MI

KC

Conaway

(R) TX

JK

Kuhl

(R) NY

LT

TERRY

(R) NE

TT

TIAHRT

(R) KS

JF

FLAKE

(R) AZ

JS

SWEENEY

(R) NY

LS

SMITH

(R) TX

VF

Foxx

House (R) North Carolina

Topics

Business & Finance

Latest Action

Referred to the House Committee on Ways and Means.

Oct 25, 2005

View Bill on Congress.gov