S. 156 · 111th Congress
Small Business Stimulus Act of 2009
- Stage
- In committee
- Sponsor
- Olympia Snowe
- Introduced
- 2009-01-06
- Latest action
- 2009-01-06 · Read twice and referred to the Committee on Finance.
Summary
Small Business Stimulus Act of 2009 - Amends the Internal Revenue Code to: (1) extend through 2010 the increased expensing allowance for depreciable business assets; and (2) extend from two to five years the carryback period for net operating losses incurred in 2008 or 2009.