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United States · Bill · HR

H.R. 4367 (117th)

BOOST Act of 2021

referredUnited States· United States Congress· EN

Introduced

6 July 2021

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Better Opportunity and Outcomes for Socially Disadvantaged Talent Act of 2021 or the BOOST Act of 2021 This bill allows an exclusion from gross income, for income tax purposes, of 50% of any gain from the sale or exchange of a certified equity interest held for more than 3 years for corporations and partnerships in which a socially disadvantaged individual who is a U.S. citizen has an ownership interest.

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Documents

3 official files

Introduced in House (text)

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Sources

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