Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- H.R.2884
H.R.2884: Small Business Investment and Growth Act
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced Nov. 7, 1997
- Latest Major Action Nov. 8, 1997
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
20 (1 Democrat, 20 Republicans)
Bill Summary
Small Business Investment and Growth Act - Amends the Internal Revenue Code to establish, as specified, a maximum taxable S corporation tax. Establishes a special rule for a qualified personal service corporation. Requires each S corporation to establish a qualified retained earnings account. Allows qualified distributions from such a qualified retained earnings account to the owners to enable the S corporation shareholder to pay income taxes....
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
|
Sponsor introductory remarks on measure.
|
|
| Nov. 7, 1997 |
Introduced in the House by Philip M. Crane (R-Ill.) |