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H.R. 408

BillFederalHouseIn Committee
EXPENSE Act of 2013
About This Bill
Committee
Latest Action · January 23, 2013
Referred to the House Committee on Ways and Means.
Congress
113th (2013–2015)
Introduced
January 23, 2013
Cosponsors (0)
None
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Summary

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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.

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