S 1402
111th Congress
Senate
Taxation
Business investment and capital
Income tax deductions
Small Business Jump Start Act of 2009
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 7, 2009
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7195)
Jul 7, 2009
Sponsor introductory remarks on measure. (CR S7195, S7195-7196)
Jul 7, 2009
Introduced in Senate
Plain-English summary
Small Business Jump Start Act of 2009 - Amends the Internal Revenue Code to increase in taxable years beginning in 2009, 2010, or 2011: (1) the limit on the tax deduction for trade or business start-up expenditures from $5,000 to $10,000; and (2) the threshold amount for reducing such limit.
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7195)
Committees of jurisdiction
1