http://www.washingtonwatch.com/bills info@washingtonwatch.com http://www.pjdoland.com/chai/?v=0.1 http://www.washingtonwatch.com/bills/history/110_SN_2553.html?rev=22245 <p>S. 2553 would modify certain fees applicable under the Small Business Act for 2008, it would make an emergency appropriation for certain small business programs, and it would amend the Internal Revenue Code of 1986 to provide increased expensing for 2008 and to provide a 5-year carryback for certain net operating losses.</p> <h2 id="toc0"> Detailed Summary </h2> <p>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.</p> <p>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.</p> <p>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.</p> <!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --> <h2 id="toc1"> Status of the Legislation </h2> <p>Latest Major Action: 4/16/2008: Senate committee/subcommittee actions. Status: Committee on Small Business and Entrepreneurship. Hearings held.</p> <!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --> <h2 id="toc2"> Points in Favor </h2> <p>(Log in to edit the wiki and be the first to show why the bill should pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> <h2 id="toc3"> Points Against </h2> <p>(Log in to edit the wiki and be the first to show why the bill should not pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> 22245@http://www.washingtonwatch.com Thu, 17 Apr 2008 00:00:00 EDT http://www.washingtonwatch.com/bills/show/110_SN_2553.html 4/16/2008: Senate committee/subcommittee actions. Status: Committee on Small Business and Entrepreneurship. Hearings held. 34715@http://www.washingtonwatch.com Wed, 16 Apr 2008 00:00:00 EDT http://www.washingtonwatch.com/bills/history/110_SN_2553.html?rev=20333 <p>S. 2553 would modify certain fees applicable under the Small Business Act for 2008, it would make an emergency appropriation for certain small business programs, and it would amend the Internal Revenue Code of 1986 to provide increased expensing for 2008 and to provide a 5-year carryback for certain net operating losses.</p> <h2 id="toc4"> Detailed Summary </h2> <p>(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)</p> <!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --> <h2 id="toc5"> Status of the Legislation </h2> <p>(Log in to edit the wiki and be the first to update the status of the bill!)</p> <!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --> <h2 id="toc6"> Points in Favor </h2> <p>(Log in to edit the wiki and be the first to show why the bill should pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> <h2 id="toc7"> Points Against </h2> <p>(Log in to edit the wiki and be the first to show why the bill should not pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> 20333@http://www.washingtonwatch.com Fri, 14 Mar 2008 00:00:00 EDT http://www.washingtonwatch.com/bills/history/110_SN_2553.html?rev=20334 <p>S. 2553 would modify certain fees applicable under the Small Business Act for 2008, it would make an emergency appropriation for certain small business programs, and it would amend the Internal Revenue Code of 1986 to provide increased expensing for 2008 and to provide a 5-year carryback for certain net operating losses.</p> <h2 id="toc8"> Detailed Summary </h2> <p>(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)</p> <!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --> <h2 id="toc9"> Status of the Legislation </h2> <p>Latest Major Action: 1/24/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.</p> <!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --> <h2 id="toc10"> Points in Favor </h2> <p>(Log in to edit the wiki and be the first to show why the bill should pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> <h2 id="toc11"> Points Against </h2> <p>(Log in to edit the wiki and be the first to show why the bill should not pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> 20334@http://www.washingtonwatch.com Fri, 14 Mar 2008 00:00:00 EDT http://www.washingtonwatch.com/bills/history/110_SN_2553.html?rev=20335 <p>S. 2553 would modify certain fees applicable under the Small Business Act for 2008, it would make an emergency appropriation for certain small business programs, and it would amend the Internal Revenue Code of 1986 to provide increased expensing for 2008 and to provide a 5-year carryback for certain net operating losses.</p> <h2 id="toc12"> Detailed Summary </h2> <p>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.</p> <p>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.</p> <p>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.</p> <!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --> <h2 id="toc13"> Status of the Legislation </h2> <p>Latest Major Action: 1/24/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.</p> <!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --> <h2 id="toc14"> Points in Favor </h2> <p>(Log in to edit the wiki and be the first to show why the bill should pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> <h2 id="toc15"> Points Against </h2> <p>(Log in to edit the wiki and be the first to show why the bill should not pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> 20335@http://www.washingtonwatch.com Fri, 14 Mar 2008 00:00:00 EDT http://www.washingtonwatch.com/bills/show/110_SN_2553.html 1/24/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance. 33893@http://www.washingtonwatch.com Thu, 24 Jan 2008 00:00:00 EST