S 2056
Create jobs act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 8:53 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Create Jobs Act aims to stimulate economic growth by providing significant tax relief for businesses and startups. Primarily, it permanently allows for 100% expensing of qualified property investments, eliminating depreciation deductions. It also introduces a ‘neutral cost recovery ratio’ to adjust depreciation deductions for real estate, reflecting economic conditions. Furthermore, the bill eliminates the amortization of research and experimental expenditures, allowing businesses to deduct these costs immediately. Finally, it removes the requirement to amortize certain research expenses.
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