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- H.R.1763
H.R.1763: Responsible Reinvestment Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced March 26, 2009
- Latest Major Action March 26, 2009
Bill Sponsor
Bill Cosponsors
23 (All Republicans)
Bill Summary
Responsible Reinvestment Act of 2009 - Makes permanent the repeal of the estate tax. Amends the Internal Revenue Code to: (1) increase to $500,000 the maximum expensing allowance for depreciable business assets; (2) allow first-year expensing of manufacturing and agricultural property; (3) allow a 20% tax deduction for qualified small business income; (4) allow a deduction from self-employment income for health insurance, health savings...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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March 26, 2009 |
Introduced in the House by Robert E. Latta (R-Ohio) |