Stewart Greenleaf voted Yea (Passage) on this Legislation.
Title: Increase Tax Credit for Business Net Losses
Vote to pass a bill that increases the net loss deduction, which businesses can claim to offset corporate net income taxes on future profits, to 20 percent of taxable income or $5 million, whichever is greater, for taxable years beginning after December 31, 2008.
Title: Increase Tax Credit for Business Net Losses