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 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
Referred to the House Committee on Ways and Means.
March 26, 2009

Introduced in the House by Robert E. Latta (R-Ohio)

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