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S. 1402

BillFederalSenateIn Committee
Small Business Jump Start Act of 2009
About This Bill
Committee
Latest Action · July 7, 2009
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7195)
Congress
111th (2009–2011)
Introduced
July 7, 2009
Sponsor
Sen. Jeff MerkleyD
Cosponsors (8)
5D 3R
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Summary

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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.

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