HR-4501 : Still Just a Bill

Small Business Growth and Investment Act of 2014 - Amends the Internal Revenue Code to increase: (1) the expensing allowance for depreciable business property to $250,000 for taxable years beginning after 2013, and (2) the threshold level for such property over which the expensing allowance is reduced to $800,000.  

Action Timeline

Action DateTypeTextSource
2014-04-28IntroReferralReferred to the House Committee on Ways and Means.House floor actions
2014-04-28IntroReferralIntroduced in HouseLibrary of Congress

Sponsor :

Rep. Kuster, Ann M. [D-NH-2]
See Cosponsors

Policy Area :

Taxation
See Subjects
  • Business investment and capital
  • Income tax deductions
  • Small business

Related Bills

See Related Bills