Bill Information for s2056-119

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Long Title

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.

Short Title

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

Vote Information

Status: REFERRED as of 2025-06-12 00:00:00.

Sponsor: This bill was sponsored by Ted Cruz (R-TX).

Party line votes are determined based on this being a R-sponsored piece of legislation. See here for information on how party line votes are determined.

Vote count: There were 0 roll call votes on this bill in total.