Summary: H.R.4655 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for H.R.4655. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/23/2010)

Small Business Expansion and Job Creation Act of 2010 - Amends the Internal Revenue Code to extend through 2010: (1) the increased ($250,000) expensing allowance for depreciable business assets; (2) the additional 50% depreciation allowance for certain types of investment property acquired in 2010; and (3) the election to accelerate the tax credits for the alternative minimum tax and research expenditures in lieu of bonus depreciation.