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- H.R.4236
H.R.4236: To amend the Internal Revenue Code of 1986 to provide a temporary exclusion of 100 percent of the gain on the sale or exchange of certain small business stock.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Dec. 8, 2009
- Latest Major Action Dec. 8, 2009
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to: (1) increase from 50 to 100% the exclusion from gross income allowed for gain from the sale or exchange of qualified small business stock that is acquired during 2010; and (2) exempt gain from such stock in calculating the alternative minimum tax.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Dec. 8, 2009 |
Introduced in the House by Sander M. Levin (D-Mich.) |