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- H.R.4068
H.R.4068: Promote Startups Act of 2015
About This Bill
- Introduced Nov. 18, 2015
- Latest Major Action Nov. 18, 2015
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (All Democrats)
Bill Summary
Promote Startups Act of 2015 This bill amends the Internal Revenue Code to increase the maximum tax deduction for business start-up expenditures from $5,000 to $15,000 and to increase the deduction for the organizational expenditures of corporations from $5,000 to $10,000. The bill also increases the ceilings for such expenditures over which the amount of the tax deduction is reduced.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Nov. 18, 2015 |
Referred to the House Committee on Ways and Means.
|
| Nov. 18, 2015 |
Introduced in the House by Brenda Lawrence (D-Mich.) |