Sign Up For Novogradac Industry Alert Emails

Congress Passes Economic Stimulus Bill

Friday, March 8, 2002 - 1:45AM

Congress today passed House Resolution 3090, an economic stimulus bill, which along with extended benefits for the unemployed, includes significant tax cuts, such as a provision that would modify depreciation expensing rules. The measure, which yesterday passed the House 417-3 and today was approved by the Senate 85-9, will now be sent to President Bush, who is expected to sign it. For more information, click here.

Learn more about Novogradac's expertise and many services