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- S.3442
S.3442: SUCCESS Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about commerce
- Introduced July 25, 2012
- Latest Major Action Nov. 29, 2012
Bill Sponsor
Bill Cosponsors
8 (7 Democrats, 1 Independent)
Bill Summary
Success Ultimately Comes from Capital, Contracting, Education, Strategic Partnerships, and Smart Regulations Act of 2012 or SUCCESS Act of 2012 - Amends the Internal Revenue Code to temporarily extend: (1) the 100% exclusion from gross income of gain from the sale or exchange of qualified small business stock, (2) the increased tax deduction for business start-up expenses, (3) a reduction from 10 to 5 years in the recognition period for...
(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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Committee on Small Business and Entrepreneurship. Hearings held.
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| July 25, 2012 |
Introduced in the Senate by Mary L. Landrieu (D-La.) |