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- H.R.4367
H.R.4367: BOOST Act of 2021
About This Bill
- Introduced July 6, 2021
- Latest Major Action July 6, 2021
Bill Sponsor
Bill Cosponsors
6 (All Democrats)
Bill Version
- Introduced in House - July 6, 2021
Bill Summary
Better Opportunity and Outcomes for Socially Disadvantaged Talent Act of 2021 or the BOOST Act of 2021 This bill allows an exclusion from gross income, for income tax purposes, of 50% of any gain from the sale or exchange of a certified equity interest held for more than 3 years for corporations and partnerships in which a socially disadvantaged individual who is a U.S. citizen has an ownership interest.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 6, 2021 |
Referred to the House Committee on Ways and Means.
|
| July 6, 2021 |
Introduced in the House by Kweisi Mfume (D-Md.) |