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- S.3572
S.3572: Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about commerce
- Introduced Sept. 19, 2012
- Latest Major Action Sept. 19, 2012
Bill Sponsor
Bill Summary
Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012 - Amends the Internal Revenue Code to extend temporarily: (1) the 100% exclusion from gross income of gain from the sale or exchange of small business stock, (2) the offset against the alternative minimum tax of general business tax credits, (3) the five-year carryback of tax credit amounts of eligible small businesses, (4) a reduction from 10 to 5 years in the recognition...
(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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| Sept. 19, 2012 |
Introduced in the Senate by Olympia J. Snowe (R-Maine) |