United States · Bill · S
S. 2553 (110th)
Small Business Stimulus Act of 2008
Introduced
24 January 2008
Last action
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Status
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 110-776.
Sponsors
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Subjects
Discovery layer
Source updated
27 May 2026
Summary
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.
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 24 January 2008
Introduced in Senate (PDF)
Introduced in Senate · EN · 24 January 2008
Introduced in Senate
summary · EN · 24 January 2008
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/110th-congress/senate-bill/2553
- Open data entity: https://api.congress.gov/v3/bill/110/s/2553