S. 2998 (96th): Small Business Investment Act of 1980


Jul 30, 1980
96th Congress, 1979–1980

Died in a previous Congress

This bill was introduced on July 30, 1980, in a previous session of Congress, but was not enacted.


Gaylord Nelson

Senator from Wisconsin


About the bill

Full Title

A bill to amend the Internal Revenue Code of 1954 to promote capital investment in small business, and for other purposes.

Summary (CRS)

7/30/1980--Introduced.Small Business Investment Act of 1980 - Amends the Internal Revenue Code to increase from 15 to 25 the maximum number of shareholders a subchapter S corporation may have.Ends the ... Read more >

The bill’s title was written by its sponsor.


Jul 30, 1980

This is the first step in the legislative process.

This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 2998”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


10 cosponsors (7D, 2R, 1I) (show)
Committee Assignments

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


There have been no roll call votes related to this bill.

Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


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