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S 3096 106th Congress Senate

Encouraging Investment in Small Business Act

Official title: A bill to amend the Internal Revenue Code of 1986 to increase and modify the exclusion relating to qualified small business.

Introduced: September 22, 2000 Introduced by: Collins, Susan M. Republican · Maine See on congress.gov
Taxation Agriculture and FoodAquacultureBiotechnologyBusiness income tax
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Capital gains taxCommerceCorporation taxesFinance and Financial SectorHealthIncome taxMinimum taxPersonal income taxScience, Technology, CommunicationsSmall businessStock repurchasingStocksTax exclusion
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) 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
Sep 22, 2000
Read twice and referred to the Committee on Finance.
Sep 22, 2000
Sponsor introductory remarks on measure. (CR S9033-9035)
Sep 22, 2000
Introduced in Senate
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 Latest action September 22, 2000

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service
Encouraging Investment in Small Business Act - Amends the Internal Revenue Code to , with respect to the 50 percent exclusion for gain from the sale or exchange of certain small business stock, among other things: (1) increase the exclusion to 75 percent; and (2) reduce the required holding period necessary to claim such exclusion from five to three years.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 3096: Encouraging Investment in Small Business Act. 106th Congress. Open America. https://openamerica.io/bill/106-S-3096/
MLA
"S. 3096: Encouraging Investment in Small Business Act." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-S-3096/.
Bluebook (legal)
S. 3096, 106th Cong. (2026), https://openamerica.io/bill/106-S-3096/.
Markdown link
[S. 3096: Encouraging Investment in Small Business Act](https://openamerica.io/bill/106-S-3096/)
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