Entrepreneurial New and Small Business Capital Formation Act of 1995

Summary

Entrepreneurial New and Small Business Capital Formation Act of 1995 - Amends the Internal Revenue Code to recognize, if elected by the taxpayer, gain (other than ordinary income) on the sale of any eligible small business investment only to the extent the amount realized exceeds the cost of any other small business investment purchased by the taxpayer during the previous six months. Applies to the amendments made by this Act rules (from provisions relating to a 50 percent exclusion for gain from certain small business stock) relating to stock conversion, pass-through entities, transfers, and short positions. Mandates basis reductions for unrecognized gain. Treats a loss on an eligible small business investment, if the loss would otherwise be from the sale or exchange of a capital asset, as an ordinary loss.

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Timeline

1. 7 June 1995

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 7 June 1995

   Introduced

   Introduced in House

   Source: IntroReferral

3. 7 June 1995

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 7 June 1995 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 7 June 1995

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 7 June 1995

  ViewDownloadOpen at official source

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 7 June 1995

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Zimmer, Dick [R-NJ-12] · R · Sponsor
• Sen. Schumer, Charles E. [D-NY] · D · Sponsor
• Rep. Christensen, Jon [R-NE-2] · R · Sponsor
• Rep. Lightfoot, Jim [R-IA-3] · R · Cosponsor
• Rep. Lantos, Tom [D-CA-12] · D · Cosponsor
• · hswm00 · Standing

Related records

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