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H.R. 1079

BillFederalHouseIn Committee
Neutral Cost Recovery Act for Small Business
About This Bill
Committee
Latest Action · March 5, 2003
Referred to the House Committee on Ways and Means.
Congress
108th (2003–2005)
Introduced
March 5, 2003
Cosponsors (3)
0D 3R
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Summary

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Neutral Cost Recovery Act for Small Business - Amends the Internal Revenue Code to: (1) provide for increased expensing for small businesses; and (2) require that the depreciation deduction for certain property placed in service after 2003 be computed using neutral cost recovery ratios.

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