947

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Amendment Number
947
Purpose
To ensure that small businesses are provided relief as part of tax reform by permanently increasing the maximum amount of the section 179 small business expensing allowance to $1,000,000 and the investment limitation to $2,500,000 and indexing them both for inflation.
Congress
114
Type
SAMDT
Latest Action Date
Mar 26, 2015
Latest Action Text
Amendment SA 947 agreed to in Senate by Voice Vote.
Proposed Date
Mar 26, 2015
Submitted Date
Mar 25, 2015
Chamber
Senate
Update Date
Mar 4, 2026
Amendment 947 — Informed