Summary: S.2552 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for S.2552. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (01/24/2008)

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.