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H.R. 256

Creating Jobs From Innovative Small Businesses Act of 2015

Creating Jobs From Innovative Small Businesses Act of 2015

Amends the Internal Revenue Code to allow a general business tax credit of 20% of the amount paid to acquire an equity investment in a qualified research intensive small business concern. Defines "qualified research intensive small business concern" as a small business concern that employs an average of fewer than 500 employees during a year and devotes at least 50% of its gross expenditures to research and experimentation.

Referred to the House Committee on Ways and Means.

Rep. Honda, Michael M. [D-CA-17](D-CA)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions5subjects
  • Introduced in HouseJan 9, 2015
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Creating Jobs From Innovative Small Businesses Act of 2015 — Informed