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- S.1873
S.1873: Bonus Depreciation and Small Business Expense Extension Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced Nov. 15, 2011
- Latest Major Action Nov. 15, 2011
Bill Sponsor
Bill Summary
Bonus Depreciation and Small Business Expense Extension Act - Amends the Internal Revenue Code to extend for one year: (1) bonus depreciation; (2) the 100% expensing allowance for depreciable business assets; (3) the election to accelerate the alternative minimum tax (AMT) credit in lieu of bonus depreciation; and (4) the increased expensing allowance for tangible real and personal property, including computer software and leasehold,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| Nov. 15, 2011 |
Introduced in the Senate by Richard G. Lugar (R-Ind.) |