America's Small Business Tax Relief Act of 2015
Amends the Internal Revenue Code, with respect to the expensing allowance for depreciable business property, to make permanent: (1) the increased $500,000 expensing allowance for such property; (2) the increased $2,000,000 threshold amount for such property over which the amount of the expensing allowance is reduced; (3) expensing of computer software; and (4) rules for the expensing of qualified real property (i.e., leasehold improvement, restaurant, and retail improvement property). Allow an inflation adjustment to the dollar amounts of the expensing allowance for taxable years beginning after 2015. Eliminates the exclusion of air conditioning and heating units from property eligible for the expensing allowance.
Prohibits the entry of the budgetary effects of this Act on PAYGO scorecards under the Statutory Pay-As-You-Go Act of 2010.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2016-07-15 | President | Became Public Law No: 114-190. | House floor actions |
| 2016-07-15 | President | Signed by President. | House floor actions |
| 2016-07-14 | Floor | Presented to President. | House floor actions |
| 2016-07-13 | Floor | Message on Senate action sent to the House. | Senate |
| 2016-07-13 | Vote | Senate agreed to the House amendments to Senate amendments to H.R. 636 by Yea-Nay Vote. 89 - 4. Record Vote Number: 127. (consideration: CR S5041) | Senate |
| 2016-07-13 | Floor | Motion by Senator Enzi to agree to the House amendments to Senate amendments to H.R. 636 made in Senate. (consideration: CR S5028-5035) | Senate |
| 2016-07-13 | Floor | Measure laid before Senate by unanimous consent. (consideration: CR S5028-5035, S5036-5041) | Senate |
| 2016-07-12 | Floor | Message on House action received in Senate and at desk: House amendments to Senate amendments. | Senate |
| 2016-07-11 | Floor | House agreed to Senate amendments with amendments pursuant to H. Res. 818. (consideration: CR H4624) | House floor actions |
| 2016-04-19 | Floor | Message on Senate action sent to the House. | Senate |
| 2016-04-19 | Vote | Passed Senate with an amendment and an amendment to the Title by Yea-Nay Vote. 95 - 3. Record Vote Number: 47. | Senate |
| 2016-04-19 | Floor | Considered by Senate. (consideration: CR S2143-2145) | Senate |
| 2016-04-18 | Vote | Cloture on the measure invoked in Senate by Yea-Nay Vote. 89 - 5. Record Vote Number: 46. (consideration: CR S2119-2120; text: CR S2119) | Senate |
| 2016-04-18 | Floor | Considered by Senate. (consideration: CR S2110-2121) | Senate |
| 2016-04-14 | Floor | Considered by Senate. (consideration: CR S2068-2085) | Senate |
| 2016-04-13 | Floor | Considered by Senate. (consideration: CR S1985-2019) | Senate |
| 2016-04-12 | Floor | Cloture motion on the measure presented in Senate. (consideration: CR S1909; text: CR S1909) | Senate |
| 2016-04-12 | Floor | Considered by Senate. (consideration: CR S1893-1909) | Senate |
| 2016-04-11 | Floor | Considered by Senate. (consideration: CR S1843-1845, S1876-1878) | Senate |
| 2016-04-07 | Floor | Considered by Senate. (consideration: CR S1778-1794, S1795-1802) | Senate |
| 2016-04-06 | Floor | Measure laid before Senate by motion. (consideration: CR S1702-1703) | Senate |
| 2016-04-06 | Floor | Motion to proceed to consideration of measure agreed to in Senate by Voice Vote. | Senate |
| 2016-04-06 | Vote | Cloture on the motion to proceed invoked in Senate by Yea-Nay Vote. 98 - 0. Record Vote Number: 40. (consideration: CR S1681-1682; text: CR S1681) | Senate |
| 2016-04-06 | Floor | Motion to proceed to measure considered in Senate. (consideration: CR S1680-1703) | Senate |
| 2016-04-05 | Floor | Motion to proceed to measure considered in Senate. (consideration: CR S1648-1655, S1655-1662) | Senate |
| 2016-04-04 | Floor | Cloture motion on the motion to proceed to the measure presented in Senate. (consideration: CR S1636; text: CR S1636) | Senate |
| 2016-04-04 | Floor | Motion to proceed to consideration of measure made in Senate. (consideration: CR S1622-1623; S1636; text: CR S1622) | Senate |
| 2015-04-20 | Calendars | Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 55. | Senate |
| 2015-04-16 | Calendars | Read the first time. Placed on Senate Legislative Calendar under Read the First Time. | Senate |
| 2015-02-23 | IntroReferral | Received in the Senate. | Senate |
| 2015-02-13 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2015-02-13 | Vote | On passage Passed by recorded vote: 272 - 142 (Roll no. 82). (text: CR H1041) | House floor actions |
| 2015-02-13 | Vote | On motion to recommit with instructions Failed by the Yeas and Nays: 173 - 241 (Roll no. 81). | House floor actions |
| 2015-02-13 | Floor | The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H1049) | House floor actions |
| 2015-02-13 | Floor | DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require that the bill be reported back to the House forthwith with an amendment to extend the tax provisions in the underlying bill for one year in order for comprehensive tax reform to address these provisions. It also would prevent these three temporary tax provisions from permanently adding to the deficit, as opposed to the permanent extension in the underlying legislation that costs $79.2 billion and puts further pressure on the United States domestic discretionary priorities, pending reservation of a point of order. Subsequently, the reservation of a point of order was withdrawn. | House floor actions |
| 2015-02-13 | Floor | Mr. Neal moved to recommit with instructions to the Committee on Ways and Means. (consideration: CR H1048-1049; text: CR H1048) | House floor actions |
| 2015-02-13 | Floor | The previous question was ordered pursuant to the rule. (consideration: CR H1048) | House floor actions |
| 2015-02-13 | Floor | DEBATE - The House proceeded with 90 minutes of debate on H.R. 636. | House floor actions |
| 2015-02-13 | Floor | The resolution provides for consideration of both H.R. 644 and H.R. 636 under closed rules. | House floor actions |
| 2015-02-13 | Floor | Considered under the provisions of rule H. Res. 101. (consideration: CR H1041-1051) | House floor actions |
| 2015-02-12 | Floor | Rule H. Res. 101 passed House. | House floor actions |
| 2015-02-10 | Floor | Rules Committee Resolution H. Res. 101 Reported to House. The resolution provides for consideration of both H.R. 644 and H.R. 636 under closed rules. | House floor actions |
| 2015-02-09 | Calendars | Placed on the Union Calendar, Calendar No. 15. | House floor actions |
| 2015-02-09 | Discharge | Committee on the Budget discharged. | House floor actions |
| 2015-02-09 | Committee | Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-21, Part I. | House floor actions |
| 2015-02-04 | Committee | Ordered to be Reported (Amended) by the Yeas and Nays: 24 - 14. | House committee actions |
| 2015-02-02 | IntroReferral | Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | House floor actions |
| 2015-02-02 | IntroReferral | Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | House floor actions |
| 2015-02-02 | IntroReferral | Introduced in House | Library of Congress |