HR 3868 · 109th Congress · Taxation
Gulf Region Economic Assistance Tax Relief Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2005-09-22)
Plain Language Summary
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Gulf Region Economic Assistance Tax Relief Act - Amends the Internal Revenue Code to increase to $10 million the limit on the expensing of business property that is defined as qualified hurricane recovery property (business property placed in service in 2005 and before January 1, 2007, in a federally-declared hurricane recovery area).…
Summarized by Claude AI · Non-partisan · For informational purposes only