US HB256 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 9 2015 - 25% progression, died in committee
Action: 2015-01-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 9 2015 - 25% progression, died in committee
Action: 2015-01-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Creating Jobs From Innovative Small Businesses Act of 2015
Sponsors
| Rep. Michael Honda [D-CA] | Rep. Jose Serrano [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-01-09 | House | Referred to the House Committee on Ways and Means. |
| 2015-01-09 | House | Introduced in House |
Subjects
Advanced technology and technological innovations
Financial services and investments
Income tax credits
Research and development
Small business
Taxation
Financial services and investments
Income tax credits
Research and development
Small business
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/256/all-info |
| Text | https://www.congress.gov/114/bills/hr256/BILLS-114hr256ih.pdf |
