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HR 2576 115th Congress House

Incentivize Growth Now In Tomorrow's Entrepreneurs Act of 2017

Official title: To amend the Internal Revenue Code of 1986 to provide for the tax treatment of small business start-up savings accounts.

Introduced: May 19, 2017 See on congress.gov
Taxation Bank accounts, deposits, capitalBusiness investment and capitalIncome tax exclusionSmall business
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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
May 19, 2017
Referred to the House Committee on Ways and Means.
May 19, 2017
Introduced in House
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 Latest action May 19, 2017

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Incentivize Growth Now In Tomorrow's Entrepreneurs Act of 2017

This bill amends the Internal Revenue Code to create tax-exempt small business start-up savings accounts to pay for the start-up expenses of a business that does not employ more than 50 full-time employees during a taxable year. Cash contributions to such accounts are allowed up to the lesser of $10,000 or the amount of compensation includible in the taxpayer's gross income for the taxable year.

(Start-up expenditures are paid or incurred in connection with: (1) investigating the creation or acquisition of an active trade or business; (2) creating an active trade or business; or (3) any activity engaged in for profit and for the production of income before the day on which the active trade or business begins, in anticipation of the activity becoming an active trade or business.)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 2576: Incentivize Growth Now In Tomorrow's Entrepreneurs Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-2576/
MLA
"H.R. 2576: Incentivize Growth Now In Tomorrow's Entrepreneurs Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-2576/.
Bluebook (legal)
H.R. 2576, 115th Cong. (2026), https://openamerica.io/bill/115-HR-2576/.
Markdown link
[H.R. 2576: Incentivize Growth Now In Tomorrow's Entrepreneurs Act of 2017](https://openamerica.io/bill/115-HR-2576/)
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