S.2553: Small Business Stimulus Act of 2008

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about taxation
  • Introduced Jan. 24, 2008
  • Latest Major Action April 16, 2008

Bill Sponsor

Bill Cosponsors

2 (All Democrats)

Bill Summary

Small Business Stimulus Act of 2008 - Directs the Administrator of the Small Business Administration (SBA) to reduce in 2008 the rate of certain loan fees imposed under the Small Business Act.Appropriates, as an emergency requirement, additional funds in FY2008 for: (1) loan subsidies under the SBA Business Loans Program Account; and (2) direct loans and assistance under the SBA Microloan Program.Amends the Internal Revenue Code to: (1)...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Committee on Small Business and Entrepreneurship. Hearings held.
Jan. 24, 2008

Introduced in the Senate by John Kerry (D-Mass.)

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