H.R.4332: To direct the Secretary of the Treasury to increase the dollar limitation on the de minimis safe harbor from treatment as a capital expenditure for taxpayers without applicable financial statements.

About This Bill

  • Introduced March 27, 2014
  • Latest Major Action March 27, 2014

Bill Summary

Instructs the Secretary of the Treasury to modify a specified Treasury Regulation to increase from $500 to $1,000 the limitation governing the de minimis safe harbor for taxpayers without applicable financial statements.

(Source: Library of Congress)

Bill Actions

Date Description
March 27, 2014
Referred to the House Committee on Ways and Means.
March 27, 2014

Introduced in the House by Cory Gardner (R-Colo.)

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