HR 4501 · 113th Congress · Taxation

Small Business Growth and Investment Act of 2014

Introduced 2014-04-28· Sponsored by Rep. Kuster, Ann M. [D-NH-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2014-04-28)

Plain Language Summary

[AI summary unavailable — showing source text] 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.  …

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