Legislation Coming Up — Nov 25, 2015 3:07 a.m.
This bill has been added to the Senate’s floor schedule for the next legislative day.
Last Action: This bill passed in the House on June 9, 2015 and goes to the Senate next for consideration.
Apr 2, 1980
96th Congress, 1979–1980
This bill was introduced on April 2, 1980, in a previous session of Congress, but was not enacted.
Representative for New Jersey's 7th congressional district
A bill to amend the Internal Revenue Code of 1954 to provide small business concerns a credit against income tax for amounts contributed to a reserve the payments from which must be used for capital investment and the employment of additional employees.
4/2/1980--Introduced.Small Business Capital Formation, Capital Retention and Expansion Act of 1980 - Amends the Internal Revenue Code to allow small businesses an income tax credit equal to 50 percent of ... Read more >
The bill’s title was written by its sponsor.
This is the first step in the legislative process.
This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 7024”). 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 committee chair determines whether a bill will move past the committee stage.
There have been no roll call votes related to this bill.
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Civic Impulse. (2015). H.R. 7024 — 96th Congress: Small Business Capital Formation, Capital Retention, and Expansion Act of 1980. Retrieved from https://www.govtrack.us/congress/bills/96/hr7024
“H.R. 7024 — 96th Congress: Small Business Capital Formation, Capital Retention, and Expansion Act of 1980.” www.GovTrack.us. 1980. November 26, 2015 <https://www.govtrack.us/congress/bills/96/hr7024>
|title=H.R. 7024 (96th)
|accessdate=November 26, 2015
|author=96th Congress (1980)
|date=April 2, 1980
|quote=Small Business Capital Formation, Capital Retention, and Expansion Act of 1980