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United States · Bill · HR

H.R. 3741 (102nd)

Enterprise Capital Formation Act of 1991

referredUnited States· United States Congress· EN

Introduced

7 November 1991

Last action

7 November 1991 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Matsui, Robert T. [D-CA-3], Rep. Moody, Jim [D-WI-5], Rep. Gradison, Willis D., Jr. [R-OH-1], Sen. Markey, Edward J. [D-MA], Rep. Hoagland, Peter [D-NE-2], Rep. Pickle, J. J. [D-TX-10], Rep. Vander Jagt, Guy [R-MI-9], Rep. Guarini, Frank J. [D-NJ-14], Rep. McGrath, Raymond J. [R-NY-5], Rep. Anthony, Beryl, Jr. [D-AR-4], Rep. Chandler, Rod D. [R-WA-8], Rep. Andrews, Michael [D-TX-25], Rep. Johnson, Nancy L. [R-CT-6], Rep. Bunning, Jim [R-KY-4], Rep. Bacchus, Jim [D-FL-15], Rep. Boehner, John A. [R-OH-8], Rep. Bustamante, Albert G. [D-TX-23], Rep. Byron, Beverly B. [D-MD-6], Rep. Campbell, Tom [R-CA-12], Rep. Cramer, Robert E. (Bud), Jr. [D-AL-5], Rep. Feighan, Edward F. [D-OH-19], Rep. Fish, Hamilton, Jr. [R-NY-25], Rep. Horn, Joan Kelly [D-MO-2], Rep. Horton, Frank J. [R-NY-34], Rep. Ireland, Andrew P. [R-FL-10], Rep. Klug, Scott L. [R-WI-2], Rep. Kolbe, Jim [R-AZ-5], Rep. Kostmayer, Peter H. [D-PA-8], Rep. LaFalce, John J. [D-NY-36], Rep. Lancaster, H. Martin [D-NC-3], Rep. Mineta, Norman Y. [D-CA-13], Rep. Owens, Wayne [D-UT-2], Rep. Rhodes, John J., III [R-AZ-1], Rep. Riggs, Frank [R-CA-1], F. SENSENBRENNER, Rep. Spratt, John M., Jr. [D-SC-5], Rep. Wilson, Charles [D-TX-2], Rep. Zeliff, William H., Jr. [R-NH-1], Rep. Levine, Mel [D-CA-27], Rep. Cunningham, Randy (Duke) [R-CA-50], Rep. Sisisky, Norman [D-VA-4], Rep. Shays, Christopher [R-CT-4], DAVID PRICE, Rep. Boxer, Barbara [D-CA-6], Rep. Fazio, Vic [D-CA-4], Rep. Richardson, Bill [D-NM-3], Rep. Espy, Mike [D-MS-2], Rep. Swett, Dick [D-NH-2]

Subjects

Taxation

Source updated

26 August 2025

Taxation

Summary

Enterprise Capital Formation Act of 1991 - Amends the Internal Revenue Code to allow a deduction for gain on investments in new small business stock (seed capital) held for at least five years. Establishes special rules for such investments. Provides for determining the maximum capital gains rate for small business net capital gain or seed capital gain. Treats capital gains on the sale of such stock as a preference item for purposes of the minimum tax.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 7 November 1991

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 7 November 1991

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  3. 7 November 1991

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in House (text)

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Sponsors

Showing 48 of 65 sponsors and actors.

Related records

Sources

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