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HR 578 110th Congress House

Access to Capital for Entrepreneurs Act of 2007

Official title: To amend the Internal Revenue Code of 1986 to allow a credit against income tax for qualified equity investments in certain small businesses.

Introduced: November 15, 2007 See on congress.gov
Taxation CommerceFinance and Financial SectorIncome taxInvestment tax credit
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InvestmentsSmall businessStocksTax creditsTax returns
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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 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
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 Latest action January 19, 2007

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
R
Calvert, Ken
California · Nov 15, 2007
 D
Cuellar, Henry
Texas · Oct 4, 2007
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 578: Access to Capital for Entrepreneurs Act of 2007. 110th Congress. Open America. https://openamerica.io/bill/110-HR-578/
MLA
"H.R. 578: Access to Capital for Entrepreneurs Act of 2007." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-578/.
Bluebook (legal)
H.R. 578, 110th Cong. (2026), https://openamerica.io/bill/110-HR-578/.
Markdown link
[H.R. 578: Access to Capital for Entrepreneurs Act of 2007](https://openamerica.io/bill/110-HR-578/)
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