3.0.0 2946 2023-01-14T22:48:35Z 2023-01-14T22:48:35Z Senate S S 2004-10-08 108 ssfi00 Finance Committee Senate Standing Referred to 2004-10-08T16:16:44Z 2004-10-08 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2004-10-08 Introduced in Senate IntroReferral 10000 9 Library of Congress B001233 Sen. Bayh, Evan [D-IN] EVAN BAYH D IN N Taxation Authorization Commerce Depreciation and amortization Economics and Public Finance Employee health benefits Employee training Finance and Financial Sector Government Operations and Politics Government lending Government paperwork Government publicity Grants-in-aid Health Health insurance Income tax Insurance premiums Labor and Employment Manufacturing industries Securities Small business Tax credits Tax deductions Taxation 00 2004-10-08 Introduced in Senate 2004-12-01T16:10:09Z 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.

]]> Small Business Growth Act Display Title Small Business Growth Act Official Title as Introduced A bill to promote small business growth, and for other purposes. Introduced in Senate IS Short Titles as Introduced Small Business Growth Act Introduced in Senate 2004-10-08T04:00:00Z 2004-10-08 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.