# 114-hr-3933: 179 Act

114-hr-3933, 179 Act, is a 114th Congress bill sponsored by Rep. Conaway, K. Michael [R-TX-11] (R-TX); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3933
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3933
- Congress: 114
- Title: 179 Act
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-11-05
- Sponsor: Rep. Conaway, K. Michael [R-TX-11] (R-TX)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

179 Act This bill amends the Internal Revenue Code, with respect to the taxpayer election to expense depreciable business property (179 property), to make permanent: (1) the increased $500,000 limitation on the amount of such property eligible for expensing; (2) a $2 million threshold for depreciable property, after which the amount of the expensing allowance is reduced; (3) the expensing of computer software; and (4) the revocability of the expensing election. The bill also makes permanent the expensing allowance for qualified real property, which includes qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property.The bill allows a carryover of disallowed amounts of qualified real property to taxable years beginning after 2014.

## Related bills

- 114-hr-6468: FILCA of 2016
- 114-hr-6433: Protect the Flag Act
- 114-hr-6429: To amend the Intermodal Surface Transportation Efficiency Act of 1991 to include certain areas in the Central Texas Corridor.
- 114-hr-6233: George W. Bush Childhood Home Study Act
- 114-hr-6226: PUSH Act of 2016
- 114-hr-6221: To award a Congressional Gold Medal to Don Stephens, President and Founder of Mercy Ships, in recognition of his 38 years of service as the leader of a humanit…

## Sources
- [114-hr-3933 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3933)

## Related
- [114-hr-6468: FILCA of 2016](https://policyrisk.com/legislation/114-hr-6468)
- [114-hr-6433: Protect the Flag Act](https://policyrisk.com/legislation/114-hr-6433)
- [114-hr-6429: To amend the Intermodal Surface Transportation Efficiency Act of 1991 to includ…](https://policyrisk.com/legislation/114-hr-6429)
- [114-hr-6233: George W. Bush Childhood Home Study Act](https://policyrisk.com/legislation/114-hr-6233)
- [114-hr-6226: PUSH Act of 2016](https://policyrisk.com/legislation/114-hr-6226)
- [114-hr-6221: To award a Congressional Gold Medal to Don Stephens, President and Founder of M…](https://policyrisk.com/legislation/114-hr-6221)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3933 (as of 2025-11-18).