Vote — Aug 3, 2015 5:36 p.m.
Cloture on the Motion to Proceed Rejected 53/46
Apr 15, 1980
96th Congress, 1979–1980
This bill was introduced on April 15, 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, research, and the employment of additional employees.
The “H.R.” in “H.R. 7049” 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.
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Civic Impulse. (2015). H.R. 7049 — 96th Congress: Small Business Capital Formation, Capital Retention and Expansion Act of 1980. Retrieved from https://www.govtrack.us/congress/bills/96/hr7049
“H.R. 7049 — 96th Congress: Small Business Capital Formation, Capital Retention and Expansion Act of 1980.” www.GovTrack.us. 1980. August 3, 2015 <https://www.govtrack.us/congress/bills/96/hr7049>
|title=H.R. 7049 (96th)
|accessdate=August 3, 2015
|author=96th Congress (1980)
|date=April 15, 1980
|quote=Small Business Capital Formation, Capital Retention and Expansion Act of 1980