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H.R. 408

EXPENSE Act of 2013

Expensing Property Expands our Nation's Strong Economy Act of 2013 or the EXPENSE Act of 2013 - Amends the Internal Revenue Code to: (1) repeal the limitations on the expensing of depreciable business assets; and (2) allow taxpayers to elect a two-year recovery period for depreciable property.

Referred to the House Committee on Ways and Means.

Rep. Sessions, Pete [R-TX-32](R-TX)Sponsor
1committees3actions2subjects
  • Introduced in HouseJan 23, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

EXPENSE Act of 2013 — Informed