- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedJune 26th, 2009
- house Committees
Bill DetailsOfficial information provided by the Congressional Research Service. Learn more or make a suggestion.
The Congressional Research Service writes summaries for most legislation. These summaries are listed here. Countable will update some legislation with a revised summary, title or other key elements.
Small Business Relief Act of 2009
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.
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.