S 1823
107th Congress
Senate
Taxation
Capital gains tax
Commerce
Finance and Financial Sector
Income tax
Minimum tax
Personal income tax
Small business
Stocks
Tax exclusion
A bill to amend the Internal Revenue Code of 1986 to modify the exclusion relating to qualified small business stock.
Introduced: December 13, 2001
Introduced by:
Collins, Susan M.
Republican
· Maine
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 13, 2001
Read twice and referred to the Committee on Finance.
Dec 13, 2001
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to reduce from five years to three the time period during which qualified small business stock must be held to qualify for the exclusion of 50 percent of any gain from gross income.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1