H.R. 5107 · 110th Congress

Giving Resources and Opportunities to the Workforce Act of 2008

Stage
In committee
Introduced
2008-01-23
Latest action
2008-01-23 · Introduced in House

Summary

Giving Resources and Opportunities to the Workforce Act of 2008 - Amends the Internal Revenue Code to: (1) allow a five-year carryback for net operating losses incurred in 2007, 2008, or 2009; and (2) increase to $250,000 in 2008 the expensing allowance for certain depreciable business assets.