Support Our Start-Ups Act
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Support Our Start-Ups Act
This bill amends the Internal Revenue Code to extend the tax deduction for new business expenditures to organizational expenditures, generally defined as expenditures incident to the creation of a corporation or a partnership.
The bill also increases the maximum deduction amount for start-up and organizational expenditures from $5,000 to $20,000 and increases from $50,000 to $120,000 the threshold amount after which the maximum deduction amount for such expenditures is reduced.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 111: Support Our Start-Ups Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-111/
"H.R. 111: Support Our Start-Ups Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-111/.
H.R. 111, 115th Cong. (2026), https://openamerica.io/bill/115-HR-111/.
[H.R. 111: Support Our Start-Ups Act](https://openamerica.io/bill/115-HR-111/)