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- H.R.111
H.R.111: Support Our Start-Ups Act
About This Bill
- Introduced Jan. 3, 2017
- Latest Major Action Jan. 3, 2017
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (1 Democrat, 4 Republicans)
Bill Version
- Introduced in House - Jan. 3, 2017
Bill Summary
Support Our Start-Ups Act This bill amends the Internal Revenue Code to extend the tax deduction for new business expenditures to organizational expenditures, generally defined as expenditures incident to the creation of a corporation or a partnership. The bill also increases the maximum deduction amount for start-up and organizational expenditures from $5,000 to $20,000 and increases from $50,000 to $120,000 the threshold amount after which...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Jan. 3, 2017 |
Referred to the House Committee on Ways and Means.
|
| Jan. 3, 2017 |
Introduced in the House by Vern Buchanan (R-Fla.) |