HR 4087 · 107th Congress · Taxation

Small Business Investment in Growth Act of 2002

Introduced 2002-04-09· Sponsored by Rep. Manzullo, Donald A. [R-IL-16]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2002-04-09)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business Investment in Growth Act of 2002 - Increases to $40,000 the maximum amount a taxpayer may expense certain property (Section 179 business property) as a tax deduction for a taxable year. Increases from $200,000 to $325,000 the amount of property triggering the phaseout of such maximum.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (16)

3 Democrats13 Republicans
Rep. Velazquez, Nydia M. [D-NY-12]NY
Rep. Portman, Rob [R-OH-2]OH
Rep. Pence, Mike [R-IN-2]IN
Rep. Terry, Lee [R-NE-2]NE
Rep. Bartlett, Roscoe G. [R-MD-6]MD
Rep. Combest, Larry [R-TX-19]TX
Del. Christensen, Donna M. [D-VI-At Large]VI
Resident Commissioner Acevedo-Vila, Anibal [D-PR-At Large]PR
Rep. Toomey, Patrick J. [R-PA-15]PA
Rep. DeMint, Jim [R-SC-4]SC
Rep. Chabot, Steve [R-OH-1]OH
Rep. Issa, Darrell E. [R-CA-48]CA
Rep. Kelly, Sue W. [R-NY-19]NY
Rep. Thune, John [R-SD-At Large]SD
Rep. Ferguson, Mike [R-NJ-7]NJ
Rep. Hastings, Doc [R-WA-4]WA