H.R. 3967 (IH) - Cost Recovery and Expensing Acceleration to Transform the Economy and Jumpstart Opportunities for Businesses and Startups Act - BILLS-119hr3967ih | Content Details | GovInfo

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H.R. 3967 (IH) - Cost Recovery and Expensing Acceleration to Transform the Economy and Jumpstart Opportunities for Businesses and Startups Act

Category: Bills and Statutes

Collection: Congressional Bills

SuDoc Class Number: Y 1.6:
Y 1.4/6:

Congress Number: 119th Congress

Congress Session: 1st Session

Last Action Date Listed: June 12, 2025

Action: Mr. Grothman (for himself, Mr. Mann, Mr. Rose, and Mr. Rulli) introduced the following bill; which was referred to the Committee on Ways and Means

Bill Number: H.R. 3967

Bill Version: Introduced in House (IH)

Short Title: Cost Recovery and Expensing Acceleration to Transform the Economy and Jumpstart Opportunities for Businesses and Startups Act

Full Title: To amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment in qualified property is made, and for other purposes.

Sponsors: Glenn Grothman(WI)

Cosponsors: Tracey Mann (KS); John W. Rose (TN); Michael A. Rulli (OH)

Committees: Committee on Ways and Means (Standing)

Public and Private Law References: Public Law 115-97