[Congressional Record (Bound Edition), Volume 161 (2015), Part 2]
[House]
[Page 2318]
[From the U.S. Government Publishing Office, www.gpo.gov]




            AMERICA'S SMALL BUSINESS TAX RELIEF ACT OF 2015

  (Mr. EMMER of Minnesota asked and was given permission to address the 
House for 1 minute.)
  Mr. EMMER of Minnesota. Mr. Speaker, I rise today to applaud the 
House for passing America's Small Business Tax Relief Act of 2015. I 
want to thank Congressman Tiberi, Chairman Ryan, and leadership for 
their work to pass this important piece of legislation.
  If we want the United States to continue as the most productive 
economy in the world, we need to modernize our Tax Code. Allowing 
businesses to plan ahead and allocate their resources will generate 
wealth, jobs, and a higher standard of living for everyone.
  Making section 179 of the Tax Code permanent is one way we can do 
this. Section 179 enables companies to accelerate depreciation of new 
and used equipment that is purchased and put into use during the same 
year. This expensing can stimulate business investment by reducing the 
cost of capital and increasing cash flow.
  Investing in the future of America is critical to long-term growth 
and economic prosperity for all. I urge my colleagues to join me in 
support of this important legislation.

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