3.0.0 4457 2023-01-11T13:26:18Z 2023-01-11T13:26:18Z House H HR 2014-04-10 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. TIBERI:H.R. 4457.Congress has the power to enact this legislation pursuantto the following:This bill makes changes to existing law relating to Article1, Section 7 which provides that ``All bills for raisingRevenue shall originate in the House of Representatives.''[Page H3197]]]> hswm00 Ways and Means Committee House Standing Reported by 2014-05-02T16:52:49Z Markup by 2014-04-29T13:24:48Z Referred to 2014-04-10T13:03:40Z H. Rept. 113-432 Tax Reform Act of 2014 113 1 HR 2014-12-12 Sponsor introductory remarks on measure. (CR E1800-1801) Related bill CRS Jobs for America Act 113 4 HR 2014-11-13 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 597. Related bill CRS Small Business Growth and Investment Act of 2014 113 4501 HR 2014-04-28 Referred to the House Committee on Ways and Means. Related bill CRS American Renaissance in Manufacturing Act 113 5360 HR 2014-09-15 Referred to the Subcommittee on Public Lands and Environmental Regulation. Related bill CRS A bill to amend the Internal Revenue Code of 1986 to adjust the limits on expensing of certain depreciable business assets. 113 1298 S 2013-07-16 Read twice and referred to the Committee on Finance. Related bill CRS Small Business Investment Promotion Act 113 1342 S 2013-07-23 Read twice and referred to the Committee on Finance. Related bill CRS Providing for consideration of the bill (H.R. 4800) making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agencies programs for the fiscal year ending September 30, 2015, and for other purposes; providing for consideration of the bill (H.R. 4457) to amend the Internal Revenue Code of 1986 to permanently extend increased expensing limitations, and for other purposes; and providing for consideration of the bill (H.R. 4453) to amend the Internal Revenue Code of 1986 to make permanent the reduced recognition period for built-in gains of S corporations. 113 616 HRES 2014-06-11 On agreeing to the resolution Agreed to by recorded vote: 227 - 189 (Roll no. 299). (consideration: CR H5259) 13:49:37 Related bill House Procedurally-related House 2014-06-17 Senate Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 434. Calendars 2014-06-16 Senate Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. Calendars 2014-06-12 11:58:38 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2014-06-12 11:58:36 On passage Passed by the Yeas and Nays: 272 - 144 (Roll no. 309). (text: CR H5330) Floor H37100 2 House floor actions 309 https://clerk.house.gov/evs/2014/roll309.xml House 113 2014-06-12T15:58:36Z 2 2014-06-12 11:58:36 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 272 - 144 (Roll no. 309).(text: CR H5330) Floor 8000 9 Library of Congress 309 https://clerk.house.gov/evs/2014/roll309.xml House 113 2014-06-12T15:58:36Z 2 2014-06-12 11:51:09 On motion to recommit with instructions Failed by the Yeas and Nays: 180 - 232 (Roll no. 308). Floor H36110 2 House floor actions hswm00 Ways and Means Committee 308 https://clerk.house.gov/evs/2014/roll308.xml House 113 2014-06-12T15:51:09Z 2 2014-06-12 11:24:42 The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H5339) Floor H8A000 2 House floor actions 2014-06-12 11:16:09 DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions, pending the reservation of a point of order. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to extend small business expensing for two years. The point of order was subsequently withdrawn. Floor H8D000 2 House floor actions 2014-06-12 11:15:43 Mr. Neal moved to recommit with instructions to the Committee on Ways and Means. (consideration: CR H5338-5340; text: CR H5338) Floor H36100 2 House floor actions hswm00 Ways and Means Committee 2014-06-12 11:15:28 The previous question was ordered pursuant to the rule. (consideration: CR H5338) Floor H35000 2 House floor actions 2014-06-12 10:33:09 DEBATE - The House continued with debate on H.R. 4457. Floor H8D000 2 House floor actions 2014-06-12 10:18:06 DEBATE - The House proceeded with one hour of debate on H.R. 4457. Floor H8D000 2 House floor actions 2014-06-12 10:17:10 Considered under the provisions of rule H. Res. 616. (consideration: CR H5330-5340) Floor H30000 2 House floor actions 2014-06-10 19:33:36 Rules Committee Resolution H. Res. 616 Reported to House. Rule provides for one hour of general debate on the bills. H.R. 4800 shall be considred for amendment under a modified open rule. H.R. 4457 and H.R. 4453 shall be considred for amendment under a closed rule. Floor H1L210 2 House floor actions 2014-05-02 Placed on the Union Calendar, Calendar No. 320. Calendars H12410 2 House floor actions U00320 2014-05-02 Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-432. Committee H12200 2 House floor actions hswm00 Ways and Means Committee 2014-05-02 Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-432. Committee 5000 9 Library of Congress hswm00 Ways and Means Committee 2014-04-29 hswm00 Ways and Means Committee 1 House committee actions Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 21 - 14. Committee 2014-04-29 hswm00 Ways and Means Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2014-04-10 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2014-04-10 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-04-10 Introduced in House IntroReferral 1000 9 Library of Congress T000462 Rep. Tiberi, Patrick J. [R-OH-12] PATRICK TIBERI R OH J. 12 N K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 2014-04-10 True Y000064 Rep. Young, Todd [R-IN-9] Todd Young R IN C. 9 2014-04-10 True N000015 Rep. Neal, Richard E. [D-MA-1] RICHARD NEAL D MA E. 1 2014-04-10 True G000549 Rep. Gerlach, Jim [R-PA-6] Jim Gerlach R PA 6 2014-04-10 True D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2014-04-10 True S001179 Rep. Schock, Aaron [R-IL-18] Aaron Schock R IL 18 2014-04-10 True N000182 Rep. Neugebauer, Randy [R-TX-19] Randy Neugebauer R TX 19 2014-04-28 False B001286 Rep. Bustos, Cheri [D-IL-17] Cheri Bustos D IL 17 2014-04-28 False R000585 Rep. Reed, Tom [R-NY-23] Tom Reed R NY 23 2014-04-28 False L000565 Rep. Loebsack, David [D-IA-2] David Loebsack D IA 2 2014-04-28 False K000376 Rep. Kelly, Mike [R-PA-3] Mike Kelly R PA 3 2014-04-28 False G000567 Rep. Griffin, Tim [R-AR-2] Tim Griffin R AR 2 2014-04-28 False R000587 Rep. Ribble, Reid J. [R-WI-8] Reid Ribble R WI J. 8 2014-04-28 False S001172 Rep. Smith, Adrian [R-NE-3] Adrian Smith R NE 3 2014-04-28 False C001096 Rep. Cramer, Kevin [R-ND-At Large] Kevin Cramer R ND 0 2014-04-29 False S001195 Rep. Smith, Jason [R-MO-8] Jason Smith R MO 8 2014-04-29 False M001191 Rep. Murphy, Patrick [D-FL-18] Patrick Murphy D FL 18 2014-05-01 False Taxation Business investment and capital Computers and information technology Food industry and services Income tax deductions Inflation and prices Lighting, heating, cooling Retail and wholesale trades Taxation 00 2014-04-10 Introduced in House 2014-06-09T20:31:58Z America's Small Business Tax Relief Act of 2014 - Amends the Internal Revenue Code, with respect to the expensing allowance for depreciable business property, to make permanent: (1) the increased $500,000 expensing allowance for such property, (2) the increased $2,000,000 threshold amount for such property over which the amount of the expensing allowance is reduced, (3) expensing of computer software, and (4) rules for the expensing of qualified real property (i.e., leasehold improvement, restaurant, and retail improvement property).  Allow an inflation adjustment to the dollar amounts of the expensing allowance for taxable years beginning after 2014. Eliminates the exclusion of air conditioning and heating units from property eligible for the expensing allowance.

]]> 17 2014-05-02 Reported to House with amendment(s) 2014-06-04T20:31:50Z America's Small Business Tax Relief Act of 2014 - Amends the Internal Revenue Code, with respect to the expensing allowance for depreciable business property, to make permanent: (1) the increased $500,000 expensing allowance for such property, (2) the increased $2,000,000 threshold amount for such property over which the amount of the expensing allowance is reduced, (3) expensing of computer software, and (4) rules for the expensing of qualified real property (i.e., leasehold improvement, restaurant, and retail improvement property).  Allow an inflation adjustment to the dollar amounts of the expensing allowance for taxable years beginning after 2014. Eliminates the exclusion of air conditioning and heating units as property eligible for the expensing allowance.

]]> 36 2014-06-12 Passed House amended 2014-06-16T19:30:33Z America's Small Business Tax Relief Act of 2014 - Amends the Internal Revenue Code, with respect to the expensing allowance for depreciable business property, to make permanent: (1) the increased $500,000 expensing allowance for such property, (2) the increased $2,000,000 threshold amount for such property over which the amount of the expensing allowance is reduced, (3) expensing of computer software, and (4) rules for the expensing of qualified real property (i.e., leasehold improvement, restaurant, and retail improvement property).  Allow an inflation adjustment to the dollar amounts of the expensing allowance for taxable years beginning after 2014. Eliminates the exclusion of air conditioning and heating units as property eligible for the expensing allowance.

Prohibits the entry of the budgetary effects of this Act on any PAYGO (Pay-As-You-Go) scorecard.

]]> America's Small Business Tax Relief Act of 2014 Display Title America's Small Business Tax Relief Act of 2014 Official Title as Introduced To amend the Internal Revenue Code of 1986 to permanently extend increased expensing limitations, and for other purposes. Introduced in House IH Short Titles as Introduced America's Small Business Tax Relief Act of 2014 Short Titles as Reported to House America's Small Business Tax Relief Act of 2014 H House Short Titles as Passed House America's Small Business Tax Relief Act of 2014 H House 866 113 HAMDT 2022-02-03T05:49:55Z Rules Committee 2014-06-12T04:00:00Z House of Representatives 113 HR House H 4457 America's Small Business Tax Relief Act of 2014 2023-01-11T13:26:18Z 2 2014-06-12 House amendment offered Floor 71000 9 Library of Congress Placed on Calendar Senate 2014-06-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4457pcs/xml/BILLS-113hr4457pcs.xml Engrossed in House 2014-06-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4457eh/xml/BILLS-113hr4457eh.xml Reported in House 2014-05-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4457rh/xml/BILLS-113hr4457rh.xml Introduced in House 2014-04-10T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4457ih/xml/BILLS-113hr4457ih.xml 2014-06-17 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 434. 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.