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- S.1507
S.1507: Small Business Growth and Worker Assistance Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced Oct. 4, 2001
- Latest Major Action Oct. 4, 2001
Bill Sponsor
Bill Summary
Small Business Growth and Worker Assistance Act of 2001 - Amends the Internal Revenue Code to: (1) increase (from 50 to 75 percent) the partial exclusion for gain from certain small business stock and reduce ( from five to three years) the required holding period for such stock, provide for doubling the cap on eligible gain from small business stock dispositions for a joint return, and make other modifications affecting small business taxes;...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| Oct. 4, 2001 |
Introduced in the Senate by Susan Collins (R-Maine) |