Small Business Growth Act
This bill increases from $1 million to $2 million to the limitation on expensing of depreciable business assets. It also increases the asset threshold amount used to reduce the expensing limitation.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2023-05-25 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
| 2023-05-25 | IntroReferral | Introduced in House | Library of Congress |