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- H.R.2576
H.R.2576: Incentivize Growth Now In Tomorrow's Entrepreneurs Act of 2017
About This Bill
- Introduced May 19, 2017
- Latest Major Action May 19, 2017
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - May 19, 2017
Bill Summary
Incentivize Growth Now In Tomorrow's Entrepreneurs Act of 2017 This bill amends the Internal Revenue Code to create tax-exempt small business start-up savings accounts to pay for the start-up expenses of a business that does not employ more than 50 full-time employees during a taxable year. Cash contributions to such accounts are allowed up to the lesser of $10,000 or the amount of compensation includible in the taxpayer's gross income for the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 19, 2017 |
Referred to the House Committee on Ways and Means.
|
| May 19, 2017 |
Introduced in the House by José E. Serrano (D-N.Y.) |