S. 3083 (111th): Main Street Revitalization Act of 2010

Introduced:
Mar 05, 2010 (111th Congress, 2009–2010)
Sponsor:
Sen. Robert Bennett [R-UT]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

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Status

This bill was introduced on March 5, 2010, in a previous session of Congress, but was not enacted.

Progress
Introduced Mar 05, 2010
Referred to Committee Mar 05, 2010
Cosponsors
none
Committees

Senate Finance

The committee chair determines whether a bill will move past the committee stage.

Full Title

A bill to amend the Internal Revenue Code of 1986 to allow the expensing of certain real property.

Summary

No summaries available.

Text

Read Bill Text »

Last updated Mar 05, 2010.
7 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

3/5/2010--Introduced.
Main Street Revitalization Act of 2010 - Amends the Internal Revenue Code to: (1) allow small businesses to elect a 10-year carryback of net operation losses incurred in 2010 and 2011; (2) make permanent the increased ($250,000) expensing allowance for depreciable business assets; (3) expand the types of assets eligible for expensing; and (4) increase the tax deduction for business start-up expenditures.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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