US SB314 | 2023-2024 | 118th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 9 2023 - 25% progression
Action: 2023-02-09 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

A bill to amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment in qualified property is made, and for other purposes.

Tracking Information

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Title

Cost Recovery and Expensing Acceleration to Transform the Economy and Jumpstart Opportunities for Businesses and Startups Act CREATE JOBS Act

Sponsors

Sen. Ted Cruz [R-TX]

History

DateChamberAction
2023-02-09SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB2406 (Related) 2023-03-30 - Referred to the House Committee on Ways and Means.
SB1117 (Related) 2023-03-30 - Read twice and referred to the Committee on Finance.
HB2673 (Related) 2023-04-20 - Sponsor introductory remarks on measure. (CR H1898)

Subjects


US Congress State Sources


Bill Comments

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