US Congress House Bill 4309 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 9-1)
Status: Introduced on December 15 2009 - 25% progression, died in committee
Action: 2009-12-15 - 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 2009 - 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 2009

Rep. Melissa Bean [D-IL]	Rep. Bobby Bright [D-AL]	Rep. Christopher Carney [D-PA]	Rep. Joe Courtney [D-CT]
Rep. Kathleen Dahlkemper [D-PA]	Rep. Brad Ellsworth [D-IN]	Rep. Steve Kagen [D-WI]	Rep. Rick Larsen [D-WA]
Rep. Thomas Perriello [D-VA]	Rep. Glenn Thompson [R-PA]

Date	Chamber	Action
2009-12-15		Referred to the House Committee on Ways and Means.

SB2985 (Related) 2010-02-04 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/4309/all-info
Text	https://www.congress.gov/111/bills/hr4309/BILLS-111hr4309ih.pdf