3.0.0 408 2019-11-15T21:47:06Z 2019-11-15T21:47:06Z House H HR 2013-01-23 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SESSIONS:H.R. 408.Congress has the power to enact this legislation pursuantto theArticle I, Section 8 Congress has the power to regulateCommerce.[Page H283]]]> hswm00 Ways and Means Committee House Standing Referred to 2013-01-23T14:01:20Z 2013-01-23 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-01-23 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-01-23 Introduced in House IntroReferral 1000 9 Library of Congress S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 N Taxation Business investment and capital Income tax deductions Taxation 00 2013-01-23 Introduced in House 2013-02-13T21:11:21Z 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.

]]> EXPENSE Act of 2013 Short Titles as Introduced EXPENSE Act of 2013 Short Titles as Introduced Expensing Property Expands our Nation's Strong Economy Act of 2013 Display Title EXPENSE Act of 2013 Official Title as Introduced To amend the Internal Revenue Code of 1986 to repeal certain limitations on the expensing of section 179 property, to allow taxpayers to elect shorter recovery periods for purposes of determining the deduction for depreciation, and for other purposes. Introduced in House 2013-01-23T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr408ih/xml/BILLS-113hr408ih.xml 2013-01-23 Referred to the House Committee on Ways and Means. text/xml EN 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. Congressional Research Service, Library of Congress 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.