s 11 53479 1231218000 false 1231218000 78 518 111 300060

1/6/2009--Introduced.Invest in Small Business Act of 2009 - Amends the Internal Revenue Code to: (1) increase the exclusion from gross income of gain from the sale or exchange of qualified small business stock from 50 to 100 % of such gain and to reduce the required holding period for such stock from five to four years; (2) deny a tax exclusion for small business stock held by a 25% controlled corporate group; (3) repeal as an item of tax preference under the alternative minimum tax the exclusion of gain from the sale of small business stock; (4) repeal the 28% income tax rate on the gain from the sale of small business stock which is not excluded from gross income; (5) revise the definition of "qualified small business" for certain tax purposes to mean a C corporation with aggregate gross assets not exceeding $100 million (currently, $50 million); and (6) provide for an annual inflation adjustment to the small business aggregate gross asset amount after 2009.

1231218000 2009-01-06 Sat Nov 14 04:49:33 -0600 2009 introduced 53479 '1986':10 'bill':2 'busi':21 'code':8 'full':14 'gain':17 'amend':4 'small':20 'stock':22 'exclus':15 'intern':6 'provid':12 'revenu':7 'certain':19 65979 false official introduced 53479 'act':5 '2009':7 'busi':4 'small':3 'invest':1 66532 false short action 53479 1231218000 Tue Jan 06 00:00:00 -0600 2009 179333 Read twice and referred to the Committee on Finance. K000148 1943-12-11 26570 218 Russell Senate Office Building http://kerry.senate.gov/contact/email.cfm 202-224-8525 John 'd':4 'ma':5 'sen':1 'john':2,6,8 'kerri':3,7,9 M 300060 Kerry John_Kerry Forbes Sen. John Kerry [D, MA] 12091 N00000245 14481 Democrat 202-224-2742 Roman Catholic MA John Kerry 2.65384615384615 http://kerry.senate.gov/ S000663 1947-02-21 8799 154 Russell Senate Office Building http://snowe.senate.gov/webform.htm 202-224-1946 Olympia 'r':4 'sen':1 'snow':3,7,9 'olympia':2,6,8 F 300091 Snowe Olympia_Snowe J. Sen. Olympia Snowe [R, ME] 3547 N00000480 16010 Republican 202-224-5344 Greek Orthodox ME Olympia Snowe 2.56034482758621 http://snowe.senate.gov/ action 53479 1231218000 Tue Jan 06 00:00:00 -0600 2009 179333 Read twice and referred to the Committee on Finance. action 53479 1231218000 Tue Jan 06 00:00:00 -0600 2009 179443 Sponsor introductory remarks on measure. (CR S83-84) introduced 53479 1231218000 Tue Jan 06 00:00:00 -0600 2009 179332