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- S.3103
S.3103: Small Business Job Creation Act of 2010
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about commerce
- Introduced March 10, 2010
- Latest Major Action March 10, 2010
Bill Sponsor
Bill Summary
Small Business Job Creation Act of 2010 - Amends the Internal Revenue Code to: (1) extend an increase in expensing of certain depreciable business assets; and (2) provide an increased exclusion from realized gain for certain small business stock. Repeals: (1) the minimum tax preference for gains on the sale of certain small business stock; and (2) the 28% capital gains rate on qualified small business stocks. Increases the aggregate asset...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| March 10, 2010 |
Introduced in the Senate by Olympia J. Snowe (R-Maine) |