HR 578
110th Congress
House
Taxation
Commerce
Finance and Financial Sector
Income tax
Investment tax credit
Investments
Small business
Stocks
Tax credits
Tax returns
Access to Capital for Entrepreneurs Act of 2007
Introduced: January 19, 2007
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 19, 2007
Referred to the House Committee on Ways and Means.
Jan 19, 2007
Introduced in House
Plain-English summary
Access to Capital for Entrepreneurs Act of 2007 - Amends the Internal Revenue Code to allow certain investors a business tax credit for 25% of equity investments made in small businesses, up to an annual limit of $500,000. Terminates such credit after 2011.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1