Summary: S.1523 — 109th Congress (2005-2006)All Information (Except Text)

There is one summary for S.1523. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (07/28/2005)

Small Business Expensing Permanency Act of 2005 - Amends the Internal Revenue Code to make permanent the increased expensing allowance ($100,000) for depreciable business assets and related provisions pertaining to phaseout amounts, inflation adjustments, and the period for revocation of an election.