Referred to the House Committee on Ways and Means.
This bill (Small Business Growth Act) raises the Section 179 immediate expensing dollar limit from $1,000,000 to $2,000,000 and the phase-out threshold from $2,500,000 to $3,500,000. It updates the inflation-indexing reference years for those amounts and applies to property placed in service in taxable years beginning after December 31, 2025.
Left emphasizes distributional effects and revenue offsets.
Relative to its intended legislative type, this bill is a straightforward statutory amendment that clearly and specifically modifies the Internal Revenue Code to raise Section 179 expensing limits and adjusts indexing references, with an explicit effective date.
This bill (Small Business Growth Act) raises the Section 179 immediate expensing dollar limit from $1,000,000 to $2,000,000 and the phase-out threshold from $2,500,000 to $3,500,000.
It updates the inflation-indexing reference years for those amounts and applies to property placed in service in taxable years beginning after December 31, 2025.
The change increases how much businesses can deduct immediately for qualifying depreciable property and makes those amounts subject to updated inflation adjustments.
Narrow, administrable tax change with bipartisan appeal but nontrivial revenue cost and no offsets reduce standalone chances.
Relative to its intended legislative type, this bill is a straightforward statutory amendment that clearly and specifically modifies the Internal Revenue Code to raise Section 179 expensing limits and adjusts indexing references, with an explicit effective date.
Left emphasizes distributional effects and revenue offsets.
These are examples from the analysis, not a ranked list of the most-affected groups.
Left emphasizes distributional effects and revenue offsets.
Generally supportive of policies that help small employers, but cautious about tax-cut distribution and lost revenue.
Will weigh small-business relief against potential budgetary costs and equity concerns.
Views the bill pragmatically: it could spur investment and simplify filings, but wants fiscal accounting and evidence of macro effectiveness.
Support conditional on costs and implementation details.
Generally favorable: increases tax relief for businesses and promotes capital investment.
Sees this as pro-growth, pro-business tax policy that reduces barriers to expansion.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Narrow, administrable tax change with bipartisan appeal but nontrivial revenue cost and no offsets reduce standalone chances.
The bill has not accumulated any surfaced votes yet.
Left emphasizes distributional effects and revenue offsets.
Narrow, administrable tax change with bipartisan appeal but nontrivial revenue cost and no offsets reduce standalone chances.
Relative to its intended legislative type, this bill is a straightforward statutory amendment that clearly and specifically modifies the Internal Revenue Code to raise Section 179 expensing limits and adjusts indexing r…
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