Vote — Dec 1, 2015 5:48 p.m.
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.
4/15/1980--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. 7049”). 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. 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. December 1, 2015 <https://www.govtrack.us/congress/bills/96/hr7049>
|title=H.R. 7049 (96th)
|accessdate=December 1, 2015
|author=96th Congress (1980)
|date=April 15, 1980
|quote=Small Business Capital Formation, Capital Retention and Expansion Act of 1980