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Searching...- Bills
- H.R.1661
H.R.1661: Small Business Tax Flexibility Act of 1995
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced May 17, 1995
- Latest Major Action July 12, 1995
Bill Sponsor
Bill Cosponsors
82 (33 Democrats, 49 Republicans)
Bill Summary
Small Business Tax Flexibility Act of 1995 - Amends the Internal Revenue Code to allow partnerships or S corporations (electing small business corporations) to elect to have a taxable year other than the required taxable year, in which case the entity shall pay estimated tax in quarterly installments (determined under one of three methods) at the applicable rate on behalf of the owners (partners or shareholders). Exempts entities with an...
(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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Committee Hearings Held.
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Committee Hearings Held.
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| May 17, 1995 |
Introduced in the House by E. Clay Shaw (R-Fla.) |