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S 455 107th 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 stock and for other purposes.

Introduced: March 5, 2001 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 exclusionTax rates
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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
Mar 5, 2001
Read twice and referred to the Committee on Finance.
Mar 5, 2001
Sponsor introductory remarks on measure. (CR S1824-1826)
Mar 5, 2001
Introduced in Senate
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 Latest action March 5, 2001

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 with respect to qualified small business (QSB) stock (section 1202) to: (1) increase the amount of gain excluded from the sale of such stock to 75 percent; (2) reduce the holding period applicable to such sale to three years; (3) exclude such gain from alternative minimum tax consideration; (4) increase the active business working capital requirement to five years; (5) permit a QSB to make specified purchases of its own stock without losing the gain exclusion if made for a business purpose; (6) exclude biotechnology and aquaculture businesses from QSB status; (7) increase the cap on eligible gain for joint returns to $20,000; (8) reduce the capital gains rate for such gains; and (9) increase the related rollover period to 180 days.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 455: Encouraging Investment in Small Business Act. 107th Congress. Open America. https://openamerica.io/bill/107-S-455/
MLA
"S. 455: Encouraging Investment in Small Business Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-455/.
Bluebook (legal)
S. 455, 107th Cong. (2026), https://openamerica.io/bill/107-S-455/.
Markdown link
[S. 455: Encouraging Investment in Small Business Act](https://openamerica.io/bill/107-S-455/)
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