United States · Bill · HR
H.R. 5318 (111th)
Small Business Investment Penalty Relief Act of 2010
Introduced
14 May 2010
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Small Business Investment Penalty Relief Act of 2010 - Amends the Internal Revenue Code to waive the 10% penalty on premature distributions made in 2010 or 2011 from a tax-exempt retirement plan if made for investment in a qualified small business (defined as having gross receipts not exceeding $20 million or not more than 50 full-time employees during the preceding taxable year).
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 14 May 2010
Introduced in House (PDF)
Introduced in House · EN · 14 May 2010
Introduced in House
summary · EN · 14 May 2010
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/111th-congress/house-bill/5318
- Open data entity: https://api.congress.gov/v3/bill/111/hr/5318