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HR 645 104th Congress House

Entrepreneurship Promotion Act of 1995

Official title: To amend the Internal Revenue Code of 1986 to provide for nonrecognition of gain on the sale of eligible small business stock if the proceeds of the sale are r… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to provide for nonrecognition of gain on the sale of eligible small business stock if the proceeds of the sale are reinvested in other eligible small business stock.

Introduced: February 16, 1995 Introduced by: Wyden, Ron Democratic · Oregon See on congress.gov
Taxation Capital gains taxCommerceFinance and Financial SectorIncome tax
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Small businessStocksTax exclusion
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 24, 1995
Referred to the House Committee on Ways and Means.
Jan 24, 1995
Sponsor introductory remarks on measure. (CR E164-165)
Jan 24, 1995
Introduced in House
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 Latest action January 24, 1995

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Entrepreneurship Promotion Act of 1995 - Amends the Internal Revenue Code to provide for the nonrecognition of gain from the sale of eligible small business stock if the proceeds are used to purchase other eligible small business stock.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Thompson, Bennie G.
Mississippi · Feb 16, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 645: Entrepreneurship Promotion Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-HR-645/
MLA
"H.R. 645: Entrepreneurship Promotion Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-645/.
Bluebook (legal)
H.R. 645, 104th Cong. (2026), https://openamerica.io/bill/104-HR-645/.
Markdown link
[H.R. 645: Entrepreneurship Promotion Act of 1995](https://openamerica.io/bill/104-HR-645/)
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