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- H.R.902
H.R.902: Enterprise Capital Formation Act of 1993
About This Bill
- Introduced Feb. 16, 1993
- Latest Major Action Aug. 10, 1993
Bill Sponsor
Bill Cosponsors
23 (22 Democrats, 1 Republican)
Bill Summary
Enterprise Capital Formation Act of 1993 - Amends the Internal Revenue Code to exclude from gross income: (1) 50 percent of the gain from the sale or exchange of qualified small business stock, other than seed capital stock, held for more than five years; plus (2) an applicable percentage (from 50 to 100 percent) from the sale or exchange of such stock which is seed capital stock held for at least five years. Establishes special rules for such...
(Source: Library of Congress)
Bill Actions
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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See H.R.2264.
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| Feb. 16, 1993 |
Introduced in the House by Robert T. Matsui (D-Calif.) |