HR 5107 · 110th Congress · Taxation
Giving Resources and Opportunities to the Workforce Act of 2008
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2008-01-23)
Plain Language Summary
[AI summary unavailable — showing source text]
Giving Resources and Opportunities to the Workforce Act of 2008 - Amends the Internal Revenue Code to: (1) allow a five-year carryback for net operating losses incurred in 2007, 2008, or 2009; and (2) increase to $250,000 in 2008 the expensing allowance for certain depreciable business assets.…
Summarized by Claude AI · Non-partisan · For informational purposes only