Bill114th CongressFiled Nov 18, 2015Taxation
H.R. 4068
Promote Startups Act of 2015
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Nov 18, 2015)
Promote Startups Act of 2015
This bill amends the Internal Revenue Code to increase the maximum tax deduction for business start-up expenditures from $5,000 to $15,000 and to increase the deduction for the organizational expenditures of corporations from $5,000 to $10,000. The bill also increases the ceilings for such expenditures over which the amount of the tax deduction is reduced.
What just happenedNov 18, 2015
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Lawrence, Brenda L. [D-MI-14](D-MI)Sponsor
6 cosponsors6 D
6cosponsors1committees3actions2related bills4subjects
- Introduced in HouseNov 18, 2015
- Nov 18, 2015IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Nov 18, 2015IntroReferralIntro-H
Introduced in House
- Nov 18, 2015IntroReferral1000
Introduced in House