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house Bill H.R. 3079

Small Business Relief Act of 2009

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      Committee on Ways and Means
    IntroducedJune 26th, 2009

Bill Details

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Title

Small Business Relief Act of 2009

Official Title

To amend the Internal Revenue Code of 1986 to allow loans from simplified employee pension accounts of small business owners for use in the small business.

Summary

Small Business Relief Act of 2009 - Amends the Internal Revenue Code to allow certain small business owners to obtain loans, through 2011, from their simplified employee pension accounts for business purposes. Requires such loans to be repaid within two years.

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