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    <introducedDate>2005-07-28</introducedDate>
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        <title>Small Business Expensing Permanency Act of 2005</title>
        <congress>109</congress>
        <number>1388</number>
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          <actionDate>2005-03-17</actionDate>
          <text>Referred to the House Committee on Ways and Means.</text>
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        <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9290)</text>
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        <actionDate>2005-07-28</actionDate>
        <text>Sponsor introductory remarks on measure. (CR S9290)</text>
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        <actionDate>2005-07-28</actionDate>
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        <fullName>Sen. Snowe, Olympia J. [R-ME]</fullName>
        <firstName>Olympia</firstName>
        <lastName>Snowe</lastName>
        <party>R</party>
        <state>ME</state>
        <middleName>J.</middleName>
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        <fullName>Sen. Collins, Susan M. [R-ME]</fullName>
        <firstName>Susan</firstName>
        <lastName>Collins</lastName>
        <party>R</party>
        <state>ME</state>
        <middleName>M.</middleName>
        <sponsorshipDate>2005-09-08</sponsorshipDate>
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        <bioguideId>A000121</bioguideId>
        <fullName>Sen. Allen, George [R-VA]</fullName>
        <firstName>GEORGE</firstName>
        <lastName>ALLEN</lastName>
        <party>R</party>
        <state>VA</state>
        <middleName>F.</middleName>
        <sponsorshipDate>2005-09-26</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>I000055</bioguideId>
        <fullName>Sen. Isakson, Johnny [R-GA]</fullName>
        <firstName>Johnny</firstName>
        <lastName>Isakson</lastName>
        <party>R</party>
        <state>GA</state>
        <sponsorshipDate>2005-10-05</sponsorshipDate>
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        <bioguideId>C000286</bioguideId>
        <fullName>Sen. Chambliss, Saxby [R-GA]</fullName>
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        <lastName>CHAMBLISS</lastName>
        <party>R</party>
        <state>GA</state>
        <sponsorshipDate>2005-12-14</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    <policyArea>
      <name>Taxation</name>
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      <legislativeSubjects>
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          <name>Commerce</name>
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        <item>
          <name>Computer software</name>
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        <item>
          <name>Depreciation and amortization</name>
        </item>
        <item>
          <name>Economics and Public Finance</name>
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        <item>
          <name>Income tax</name>
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        <item>
          <name>Indexing (Economic policy)</name>
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        <item>
          <name>Science, Technology, Communications</name>
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          <name>Small business</name>
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          <name>Tax deductions</name>
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        <name>Taxation</name>
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        <actionDate>2005-07-28</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2005-09-12T15:45:04Z</updateDate>
        <text><![CDATA[ <p>Small Business Expensing Permanency Act of 2005 - Amends the Internal Revenue Code to make permanent the increased expensing allowance ($100,000) for depreciable business assets and related provisions pertaining to phaseout amounts, inflation adjustments, and the period for revocation of an election.</p>]]></text>
      </summary>
    </summaries>
    <title>Small Business Expensing Permanency Act of 2005</title>
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        <title>Small Business Expensing Permanency Act of 2005</title>
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        <title>A bill to amend the Internal Revenue Code of 1986 to make permanent increased expensing for small businesses.</title>
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        <title>Small Business Expensing Permanency Act of 2005</title>
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        <type>Introduced in Senate</type>
        <date>2005-07-28T04:00:00Z</date>
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    <latestAction>
      <actionDate>2005-07-28</actionDate>
      <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9290)</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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