507

Ask AI
Amendment Number
507
Purpose
To increase the capital equipment expensing allowance for small businesses, and allow small businesses to deduct an increased level of capital purchases from their taxes.
Congress
103
Type
SAMDT
Latest Action Date
Jun 24, 1993
Latest Action Text
Amendment SP 507 agreed to in Senate by Yea-Nay Vote. 93-5. Record Vote No: 166.
Proposed Date
Jun 23, 1993
Submitted Date
Jun 23, 1993
Chamber
Senate
Update Date
Aug 15, 2021
Amendment 507 — Informed