H.R.408: EXPENSE Act of 2013

About This Bill

Bill Summary

Expensing Property Expands our Nation's Strong Economy Act of 2013 or the EXPENSE Act of 2013 - Amends the Internal Revenue Code to: (1) repeal the limitations on the expensing of depreciable business assets; and (2) allow taxpayers to elect a two-year recovery period for depreciable property.

(Source: Library of Congress)

Bill Actions

Date Description
Jan. 23, 2013
Referred to the House Committee on Ways and Means.
Jan. 23, 2013

Introduced in the House by Pete Sessions (R-Texas)

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