United States · Bill · S
S. 1243 (118th)
Small Business Investment Act of 2023
Introduced
20 April 2023
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
5 December 2025
Summary
Small Business Investment Act of 2023 This bill increases the exclusion of gain from the disposition of qualified small business stock held for five years or more. The increase also applies to convertible debt instruments (debt instruments that can be converted into stock). The bill also eliminates the requirement that qualified small business stock be issued solely by a C corporation.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 20 April 2023
Introduced in Senate (PDF)
Introduced in Senate · EN · 20 April 2023
Introduced in Senate
summary · EN · 20 April 2023
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/senate-bill/1243
- Open data entity: https://api.congress.gov/v3/bill/118/s/1243