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- H.R.4087
H.R.4087: Small Business Investment in Growth Act of 2002
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced April 9, 2002
- Latest Major Action April 9, 2002
Bill Sponsor
Bill Cosponsors
16 (3 Democrats, 14 Republicans)
Bill 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| April 9, 2002 |
Introduced in the House by Donald Manzullo (R-Ill.) |