[House Prints 114-6]
[From the U.S. Government Publishing Office]





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                 FEBRUARY 6, 2015 
 
              RULES COMMITTEE PRINT 114-6
              
    TEXT OF H.R. 636, AMERICA'S SMALL BUSINESS 

              TAX RELIEF ACT OF 2015
              
 [Showing the texts of H.R. 636, H.R. 629, and H.R. 630 as 
   ordered reported by the Committee on Ways and Means with 
   conforming changes.]
   
   
1 SECTION 1. SHORT TITLE. 

2      This Act may be cited as the "America's Small Busi-

3 ness Tax Relief Act of 2015". 

4 SEC. 2. EXPENSING CERTAIN DEPRECIABLE BUSINESS AS-

5                 SETS FOR SMALL BUSINESS. 

6      (a) IN GENERAL.--

7         (1) DOLLAR LIMITATION.--Section 179(b)(1) of 

8      the Internal Revenue Code of 1986 is amended by 

9      striking "shall not exceed--" and all that follows 

10     and inserting "shall not exceed $500,000.". 

11         (2) REDUCTION IN LIMITATION.--Section 

12     179(b)(2) of such Code is amended by striking "ex-

13     ceeds--" and all that follows and inserting "exceeds 

14     $2,000,000.". 

15     (b) COMPUTER SOFTWARE.--Section 

16 179(d)(1)(A)(ii) of such Code is amended by striking ", 

17 to which section 16 7 applies, and which is placed in service 

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February 6, 2015 (11 :40 a.m.) 

[TEXT NOT AVAILABLE]