Small Business Stimulus Act of 2008
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in senate (Jan 24, 2008)
Small Business Stimulus Act of 2008 - Directs the Administrator of the Small Business Administration (SBA) to reduce in 2008 the rate of certain loan fees imposed under the Small Business Act.
Appropriates, as an emergency requirement, additional funds in FY2008 for: (1) loan subsidies under the SBA Business Loans Program Account; and (2) direct loans and assistance under the SBA Microloan Program.
Amends the Internal Revenue Code to: (1) increase to $200,000 in 2008 the expensing allowance for depreciable business assets; and (2) extend through 2008 the five-year carryback of certain unused net operating losses.
What just happenedApr 16, 2008
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 110-776.
Who’s behind it
- Introduced in SenateJan 24, 2008
- Apr 16, 2008Committee
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 110-776.
Small Business and Entrepreneurship Committee - Jan 24, 2008IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jan 24, 2008IntroReferral10000
Introduced in Senate