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H.R. 5636

Cut REDTAPE Act

Cut REDTAPE Act - Amends the Internal Revenue Code to exempt a new small business, including an incorporated business, from the additional tax imposed for underpayment of estimated income tax, if such business's gross receipts for the calendar year do not exceed $1 million.

Referred to the House Committee on Ways and Means.

Rep. Peters, Scott H. [D-CA-52](D-CA)Sponsor
5 cosponsors5 D
5cosponsors1committees3actions2subjects
  • Introduced in HouseSep 18, 2014
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Cut REDTAPE Act — Informed