United States · Bill · HR
H.R. 1045 (93rd)
A bill to provide a program of tax adjustment for small business and for persons engaged in small business.
Introduced
3 January 1973
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Authorizes a tax adjustment program for small businesses and for persons engaged in small business. Authorizes a tax deduction under the Internal Revenue Code of 1954 for a person engaged in a trade or business in an amount measured by the additional investment in such trade or business for the taxable year. Limits such tax deduction to $40,000 or 20 percent of the net income of such trade or business for the taxable year.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
No timeline events have been ingested for this record yet.
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
1 official file
Introduced in House
summary · EN · 3 January 1973
Sponsors
No sponsors or actors listed by the source.
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/93rd-congress/house-bill/1045
- Open data entity: https://api.congress.gov/v3/bill/93/hr/1045