S.78 - Invest in Small Business Act of 2009

A bill to amend the Internal Revenue Code of 1986 to provide a full exclusion for gain from certain small business stocks. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code of 1986 to provide a full exclusion for gain from certain small business stocks. as introduced.
  • Short: Invest in Small Business Act of 2009 as introduced.

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Bill's Views

  • Today: 3
  • Past Seven Days: 10
  • All-Time: 1,700
 
Introduced
 
Senate
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House
Passes
 
President
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01/05/09
 
 
 
 
 
 
 

Official Summary

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

Official Summary

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.

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Recent News Coverage

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Recent Blog Coverage

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01/03/11
Mustafa Umut Sarac

and upper layers - at the earliest Kaunöi II (flyraveHxoea in 1989, Abb.3l, S.78 on the left; S.79 on the left and on the right. Middle). settlement-archaeological researches in the sphere of Karnab, Lapas and öangali 741 ...

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12/06/10
UK Employment law » Blog Archive » Con Lib Govt publishes plans on ...

This may include using the power to require private sector employers to mandatorily publish gender pay gap information in S.78 of the Equality Act 2010. Whether this actually happens remains to be seen. In the meantime, S. 78 will not ...

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11/15/10
Evas Pieces of Life: Mamma Mia

Ich bemühe mich, demnächst zu vielen gelesenen Büchern welche zu schreiben, aber im Moment kann ich mich nicht dazu aufraffen. Ich hoffe, es gefällt euch hier trotzdem! ;=). Das lese ich gerade. Das lese ich gerade. S. 78 von 446 ...

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