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- S.341
S.341: Start-up Jobs and Innovation Act
About This Bill
- Introduced Feb. 3, 2015
- Latest Major Action Feb. 3, 2015
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 1 Republican)
Bill Summary
Start-up Jobs and Innovation Act Amends the Internal Revenue Code to: (1) make permanent the increase to $500,000 of the expensing allowance for business assets, including computer software, and the treatment of qualified real property as depreciable business property; (2) make permanent the 100% exclusion from gross income of gain from the sale or exchange of small business stock; (3) increase and equalize the tax deduction for business...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Feb. 3, 2015 |
Read twice and referred to the Committee on Finance.
|
| Feb. 3, 2015 |
Introduced in the Senate by Patrick J. Toomey (R-Pa.) |