HR 4841
111th Congress
House
Taxation
Building construction
Business investment and capital
Capital gains tax
Income tax deductions
Income tax rates
Industrial facilities
Small Business Tax Relief and Job Growth Act of 2010
Introduced: March 12, 2010
Introduced by:
Velázquez, Nydia M.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 12, 2010
Referred to the House Committee on Ways and Means.
Mar 12, 2010
Introduced in House
Plain-English summary
Small Business Tax Relief and Job Growth Act of 2010 - Amends the Internal Revenue Code to: (1) increase the tax deduction for business start-up expenditures; (2) allow expensing in 2010 and 2011 of improvements to real property and structural improvements to buildings used in a trade or business; and (3) reduce from 35% to 15% the alternative tax on the net capital gains of C corporations with annual gross receipts of not more than $15 million.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1