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- S.1144
S.1144: INVEST Act of 2017
About This Bill
- Introduced May 17, 2017
- Latest Major Action May 17, 2017
Bill Sponsor
Bill Version
- Introduced in Senate - May 17, 2017
Bill Summary
Investment in New Ventures and Economic Success Today Act of 2017 or the INVEST Act of 2017 This bill amends the Internal Revenue Code to modify various tax deductions, accounting methods, expensing rules, and cost recovery rules that apply to businesses. The bill replaces several existing provisions relating to deductions for start-up and organizational business expenses with a consolidated deduction. The new provision applies to all...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
May 17, 2017 |
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3011-3012)
|
May 17, 2017 |
Introduced in the Senate by John Thune (R-S.D.) |