U.S. Congress - S.156 Small Business Stimulus Act of 2009
S.156 - Small Business Stimulus Act of 2009
A bill to amend the Internal Revenue Code of 1986 to extend enhanced small business expensing and to provide for a 5-year net operating loss carryback for losses incurred in 2008 or 2009. view all titles (2)
All Bill Titles
- Official: A bill to amend the Internal Revenue Code of 1986 to extend enhanced small business expensing and to provide for a 5-year net operating loss carryback for losses incurred in 2008 or 2009. as introduced.
- Short: Small Business Stimulus Act of 2009 as introduced.
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Official Summary
1/6/2009--Introduced.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 orOfficial Summary
1/6/2009--Introduced.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.
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