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United States · Bill · HR

H.R. 3237 (103rd)

Small Business Development Act of 1993

referredUnited States· United States Congress· EN

Introduced

7 October 1993

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Small Business Development Act of 1993 - Amends the Internal Revenue Code to increase the limitation on the election to expense certain depreciable business assets. Allows a higher limitation for the first three years of starting a business. Allows individuals a credit for 50 percent of the tax on self-employment income. Repeals the itemized deduction for one-half of such tax.

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Documents

3 official files

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Sources

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