United States · Bill · HR
H.R. 5318 (111th)
Small Business Investment Penalty Relief Act of 2010
Introduced
14 May 2010
Last action
14 May 2010 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Gingrey, Phil [R-GA-11], Rep. Pence, Mike [R-IN-6], Rep. Bartlett, Roscoe G. [R-MD-6], Rep. Bishop, Rob [R-UT-1], Sen. Blackburn, Marsha [R-TN], Rep. Franks, Trent [R-AZ-8], Rep. Granger, Kay [R-TX-12], Rep. Hall, Ralph M. [R-TX-4], Sen. Lummis, Cynthia M. [R-WY], Rep. Marchant, Kenny [R-TX-24], Rep. McClintock, Tom [R-CA-5], Rep. Pitts, Joseph R. [R-PA-16], Rep. Posey, Bill [R-FL-8], Rep. Kingston, Jack [R-GA-1], Rep. Sensenbrenner, F. James, Jr. [R-WI-5], Rep. Duncan, John J., Jr. [R-TN-2], Rep. McMorris Rodgers, Cathy [R-WA-5], Rep. Buyer, Steve [R-IN-4], Rep. Latta, Robert E. [R-OH-5], Rep. Westmoreland, Lynn A. [R-GA-3], Rep. Jones, Walter B., Jr. [R-NC-3], Rep. Price, Tom [R-GA-6], Rep. Edwards, Chet [D-TX-17], Rep. Broun, Paul C. [R-GA-10], Rep. Barrett, J. Gresham [R-SC-3], Rep. Wittman, Robert J. [R-VA-1]
Subjects
Taxation
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).
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
14 May 2010
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
14 May 2010
Introduced
Introduced in House
Source: IntroReferral
14 May 2010
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 14 May 2010 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 14 May 2010
Introduced in House (PDF)
Introduced in House · EN · 14 May 2010
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Introduced in House
summary · EN · 14 May 2010
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Gingrey, Phil [R-GA-11] · R · Sponsor
- Rep. Pence, Mike [R-IN-6] · R · Sponsor
- Rep. Bartlett, Roscoe G. [R-MD-6] · R · Sponsor
- Rep. Bishop, Rob [R-UT-1] · R · Sponsor
- Sen. Blackburn, Marsha [R-TN] · R · Sponsor
- Rep. Franks, Trent [R-AZ-8] · R · Sponsor
- Rep. Granger, Kay [R-TX-12] · R · Sponsor
- Rep. Hall, Ralph M. [R-TX-4] · R · Sponsor
- Sen. Lummis, Cynthia M. [R-WY] · R · Sponsor
- Rep. Marchant, Kenny [R-TX-24] · R · Sponsor
- Rep. McClintock, Tom [R-CA-5] · R · Sponsor
- Rep. Pitts, Joseph R. [R-PA-16] · R · Sponsor
- Rep. Posey, Bill [R-FL-8] · R · Sponsor
- Rep. Kingston, Jack [R-GA-1] · R · Cosponsor
- Rep. Sensenbrenner, F. James, Jr. [R-WI-5] · R · Cosponsor
- Rep. Duncan, John J., Jr. [R-TN-2] · R · Cosponsor
- Rep. McMorris Rodgers, Cathy [R-WA-5] · R · Cosponsor
- Rep. Buyer, Steve [R-IN-4] · R · Cosponsor
- Rep. Latta, Robert E. [R-OH-5] · R · Cosponsor
- Rep. Westmoreland, Lynn A. [R-GA-3] · R · Cosponsor
- Rep. Jones, Walter B., Jr. [R-NC-3] · R · Cosponsor
- Rep. Price, Tom [R-GA-6] · R · Cosponsor
- Rep. Edwards, Chet [D-TX-17] · D · Cosponsor
- Rep. Broun, Paul C. [R-GA-10] · R · Cosponsor
- Rep. Barrett, J. Gresham [R-SC-3] · R · Cosponsor
- Rep. Wittman, Robert J. [R-VA-1] · R · Cosponsor
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/111th-congress/house-bill/5318
- Open data entity: https://api.congress.gov/v3/bill/111/hr/5318
- us · 111-hr-5318 · source updated 14 August 2025