Business Lifesavers
Some elected officials have proposed legislation to benefit businesses
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The Senate had supported a broader NOL carryback provision, such as this during economic stimulus package negotiations, but was eventually dropped over cost concerns.
Riccio added Congress temporarily extended the carryback from two to five years following the terrorist attacks on Sept. 11 as a means to generate cash for companies.
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- Companies:
- Printing Industries of America, Inc.
- People:
- Julie Riccio
- Obama
E
Melissa Busch
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