H.R. 3231 (112th): To amend the Internal Revenue Code of 1986 to increase the amount allowed as a deduction for start-up expenditures.

Introduced:

Oct 14, 2011
112th Congress, 2011–2013

Status:
Died in a previous Congress

This bill was introduced on October 14, 2011, in a previous session of Congress, but was not enacted.

Sponsor:

Patrick Meehan
Representative for Pennsylvania's 7th congressional district
Republican

Text:

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Last Updated: Oct 14, 2011
Length: 2 pages

About the bill

Summary (CRS)
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 ...

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Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 4032 (Related)
Help Entrepreneurs Create American Jobs Act of 2012

Referred to Committee
Last Action: Feb 15, 2012

S. 2088 (Related)
Small Business Start-up Support Act of 2012

Referred to Committee
Last Action: Feb 9, 2012

What is a bill?

The “H.R.” in “H.R. 3231” 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
Oct 14, 2011

Details

Cosponsors
5 cosponsors (3D, 2R) (show)
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.

Subject Areas
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Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

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