US HB3231 | 2011-2012 | 112th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on October 14 2011 - 25% progression, died in committee
Action: 2011-10-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 14 2011 - 25% progression, died in committee
Action: 2011-10-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to increase the tax deduction for the start-up expenditures of an active trade or business from $5,000 to $20,000 in taxable years beginning in 2011 through 2014.
Title
To amend the Internal Revenue Code of 1986 to increase the amount allowed as a deduction for start-up expenditures.
Sponsors
| Rep. Patrick Meehan [R-PA] | Rep. John Carney [D-DE] | Rep. Gerald Connolly [D-VA] | Rep. Charles Dent [R-PA] |
| Rep. Henry Johnson [D-GA] | Rep. Steve Stivers [R-OH] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-10-14 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
HB4032 (Related) 2012-02-15 - Referred to the House Committee on Ways and Means.
SB2088 (Related) 2012-02-09 - Read twice and referred to the Committee on Finance.
SB2088 (Related) 2012-02-09 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/3231/all-info |
| Text | https://www.congress.gov/112/bills/hr3231/BILLS-112hr3231ih.pdf |
