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H.R. 3178

BillFederalHouseIn Committee
Small Business Growth Act of 2009
About This Bill
Committee
Latest Action · July 10, 2009
Referred to the House Committee on Ways and Means.
Congress
111th (2009–2011)
Introduced
July 10, 2009
Cosponsors (16)
12D 4R
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Summary

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Small Business Growth Act of 2009 - Amends the Internal Revenue Code to allow small business taxpayers with gross receipts of $5 million or less to elect to expense certain depreciable real property in the year such property is placed in service. Limits the amount of such expensing allowance to $125,000, adjusted for inflation after 2009.

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