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S. 158

BillFederalSenateIn Committee
Small Business Expensing Improvement Act of 2003
About This Bill
Committee
Latest Action · January 14, 2003
Referred to the Committee on Finance. (text of measure as introduced: CR S300)
Congress
108th (2003–2005)
Introduced
January 14, 2003
Cosponsors (2)
0D 2R
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Summary

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Small Business Expensing Improvement Act of 2003 - Amends the Internal Revenue Code with respect to the expensing of depreciable business assets (section 179) to increase the maximum amount which may be expensed to $75,000 and the phase-out threshold to $325,000.

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