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H.R. 446

BillFederalHouseIn Committee
EXPENSE Act of 2009
About This Bill
Committee
Latest Action · January 9, 2009
Referred to the House Committee on Ways and Means.
Congress
111th (2009–2011)
Introduced
January 9, 2009
Sponsor
Rep. Pete SessionsR
Cosponsors (8)
0D 8R
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Summary

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Expensing Property Expands our Nation's Strong Economy Act of 2009 or the EXPENSE Act of 2009 - 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.

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