Entrepreneurial New and Small Business Capital Formation Act of 1995

referredUnited States· United States Congress· EN

Introduced

20 July 1995

Last action

20 July 1995 · Introduced

Status

Read twice and referred to the Committee on Finance.

Summary

Entrepreneurial New and Small Business Capital Formation Act of 1995 - Amends the Internal Revenue Code to recognize, if elected by the taxpayer, gain (other than ordinary income) on the sale of any eligible small business investment only to the extent the amount realized exceeds the cost of any other small business investment purchased by the taxpayer during the previous six months. Applies to the amendments made by this Act rules (from provisions relating to a 50 percent exclusion for gain from certain small business stock) relating to stock conversion, pass-thru entities, transfers, and short positions. Mandates basis reductions for unrecognized gain. Treats a loss on an eligible small business investment, if the loss would otherwise be from the sale or exchange of a capital asset, as an ordinary loss.

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

Timeline

20 July 1995
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
20 July 1995
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 20 July 1995 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 20 July 1995
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Introduced in Senate (PDF)
Introduced in Senate · EN · 20 July 1995
View Download Open at official source
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in Senate
summary · EN · 20 July 1995
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to → Entrepreneurial New and Small Business Capital Formation Act of 1995

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/104th-congress/senate-bill/1053
Open data entity: https://api.congress.gov/v3/bill/104/s/1053
us · 104-s-1053 · source updated 21 August 2025