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        <title>Small Business Stimulus Act of 2008</title>
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          <actionDate>2008-04-16</actionDate>
          <text>Committee on Small Business and Entrepreneurship. Hearings held.</text>
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        <text>Read twice and referred to the Committee on Finance.</text>
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        <fullName>Sen. Snowe, Olympia J. [R-ME]</fullName>
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        <fullName>Sen. Kerry, John F. [D-MA]</fullName>
        <firstName>JOHN</firstName>
        <lastName>KERRY</lastName>
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        <state>MA</state>
        <middleName>FORBES</middleName>
        <sponsorshipDate>2008-01-24</sponsorshipDate>
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        <fullName>Sen. Coleman, Norm [R-MN]</fullName>
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        <sponsorshipDate>2008-01-24</sponsorshipDate>
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        <fullName>Sen. Landrieu, Mary L. [D-LA]</fullName>
        <firstName>MARY</firstName>
        <lastName>LANDRIEU</lastName>
        <party>D</party>
        <state>LA</state>
        <sponsorshipDate>2008-01-28</sponsorshipDate>
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        <item>
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        <item>
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        <actionDate>2008-01-24</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2008-02-16T17:12:46Z</updateDate>
        <text><![CDATA[ <p>Small Business Stimulus Act of 2008 - Amends the Internal Revenue Code to: (1) increase to $200,000 the expensing allowance for depreciable business assets in 2008; (2) extend through 2008 the five-year carryback allowed for certain unused net operating losses; and (3) extend through 2008 the tax credit for increasing research activities.</p>]]></text>
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    <title>Small Business Stimulus Act of 2008</title>
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        <title>Small Business Stimulus Act of 2008</title>
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        <title>A bill to amend the Internal Revenue Code of 1986 to provide a stimulus to small business by increasing expensing for small businesses in 2008, extending the length of the carryback period for net operating losses during 2007 and 2008, and extending the research and development credit.</title>
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        <title>Small Business Stimulus Act of 2008</title>
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        <date>2008-01-24T05:00:00Z</date>
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    <latestAction>
      <actionDate>2008-01-24</actionDate>
      <text>Read twice and referred to the Committee on Finance.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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