H.R. 5691 (111th): To amend the Internal Revenue Code of 1986 to provide a credit for investment in new or expanding small businesses.

Introduced:

Jul 1, 2010
111th Congress, 2009–2010

Status:
Died in a previous Congress

This bill was introduced on July 1, 2010, in a previous session of Congress, but was not enacted.

Sponsor:

Peter “Pete” Hoekstra
Representative for Michigan's 2nd congressional district
Republican

Text:

Read Text »
Last Updated: Jul 1, 2010
Length: 4 pages

About the bill

Summary (CRS)
7/1/2010--Introduced.Amends the Internal Revenue Code to allow individual taxpayers a tax credit for 20% of their qualified small business investments.Defines "qualified small business investment" as any stock in a domestic ...

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What is a bill?

The “H.R.” in “H.R. 5691” means this is a House of Representatives bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

The bill’s title was written by its sponsor.

History

Introduced
Jul 1, 2010

Details

Cosponsors
none
Committee Assignments

The committee chair determines whether a bill will move past the committee stage.

Votes

There have been no votes related to this bill.

Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

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Citation

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