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- H.R.1730
H.R.1730: Small Business Start-up Savings Accounts Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced May 4, 2011
- Latest Major Action May 4, 2011
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (All Democrats)
Bill Summary
Small Business Start-up Savings Accounts Act of 2011- Amends the Internal Revenue Code to provide for tax-exempt Small Business Start-up Savings Accounts to pay for trade or business expenses, including the purchase of equipment or facilities, marketing, training, incorporation, and accounting fees. Allows annual contributions to such accounts up to $10,000. Sets forth rules for the tax treatment of contributions to and rollovers from such...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| May 4, 2011 |
Introduced in the House by Terri Sewell (D-Ala.) |