US Congress House Bill 1323 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on March 21 2013 - 25% progression, died in committee
Action: 2013-03-21 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Small Business Start-up Savings Accounts Act of 2013 - Amends the Internal Revenue Code to provide for tax-exempt Small Business Start-up Savings Accounts to pay for trade or business expenses, including the purchase of equipment or facilities, marketing, training, incorporation, and accounting fees. Allows annual contributions to such accounts up to $10,000. Sets forth rules for the tax treatment of contributions to and rollovers from such accounts, similar to rules governing individual retirement accounts (IRAs).

Small Business Start-up Savings Accounts Act of 2013

Rep. Terri Sewell [D-AL]	Rep. Corrine Brown [D-FL]	Rep. David Cicilline [D-RI]	Rep. Raul Ruiz [D-CA]
Rep. Carol Shea-Porter [D-NH]

Date	Chamber	Action
2013-03-21	House	Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/1323/all-info
Text	https://www.congress.gov/113/bills/hr1323/BILLS-113hr1323ih.pdf