Small Business Growth Act

Summary

Small Business Growth Act - Amends the Internal Revenue Code to allow certain small business employers a business tax credit for a percentage of the amount paid for employee health insurance expenses and for employee training expenses. Directs the Internal Revenue Service to implement an educational program to ensure awareness of the tax credit for employee health insurance expenses. Authorizes appropriations for general business loans under the Small Business Act for FY 2005 through 2007. Provides for an inflation adjustment for authorized loan amounts after FY 2007. Establishes new limits for individual small business loans. Extends until taxable year 2008 provisions allowing an increased tax deduction (up to $100,000) for small business assets in the year such assets are placed in service.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 8 October 2004

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 8 October 2004

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 8 October 2004

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.