Printing Industries of America Witnesses Signing of the Economic Stimulus Package, Highlights Benefits for Small Businesses

WASHINGTON, DC—February 13, 2008—The Printing Industries of America attended today’s White House signing ceremony for H.R. 5140, the economic stimulus package. One provision of the law helpful to the printing industry is an increase in the small business expensing limit to $250,000—its highest level ever. Along with expensing more business equipment, printers can take advantage of the 50 percent bonus depreciation deduction on new equipment. These provisions will allow businesses to make immediate investments in their business. PIA pushed for the inclusion of these provisions and is pleased to see them contained in the legislation signed into law today.