S 3096
106th Congress
Senate
Taxation
Agriculture and Food
Aquaculture
Biotechnology
Business income tax
Capital gains tax
Commerce
Corporation taxes
Finance and Financial Sector
Health
Income tax
Minimum tax
Personal income tax
Science, Technology, Communications
Small business
Stock repurchasing
Stocks
Tax exclusion
Encouraging Investment in Small Business Act
Introduced: September 22, 2000
Introduced by:
Collins, Susan M.
Republican
· Maine
See on congress.gov
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
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1