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United States · Bill · S

S. 1932 (102nd)

Enterprise Capital Formation Act of 1991

openUnited States· United States Congress· EN

Introduced

7 November 1991

Last action

19 February 1992 · Committee

Status

Committee on Finance. Hearings held. Hearings printed: S.Hrg. 102-673.

Sponsors

Sen. Bumpers, Dale [D-AR], Sen. Brown, Hank [R-CO], Sen. Kerry, John F. [D-MA], Sen. Symms, Steven D. [R-ID], Sen. Daschle, Thomas A. [D-SD], Sen. Seymour, John [R-CA], Sen. Lieberman, Joseph I. [ID-CT], Sen. Kasten, Robert W., Jr. [R-WI], Sen. Wofford, Harris [D-PA], Sen. Coats, Daniel [R-IN], Sen. Sanford, Terry [D-NC], Sen. Craig, Larry E. [R-ID], Sen. Riegle, Donald W., Jr. [D-MI], Sen. Burns, Conrad R. [R-MT], Sen. Sasser, Jim [D-TN], Sen. Cohen, William S. [R-ME], Sen. Inouye, Daniel K. [D-HI], Sen. Lott, Trent [R-MS], Sen. Breaux, John B. [D-LA], Sen. Dodd, Christopher J. [D-CT], Sen. Kohl, Herb [D-WI], Sen. Nunn, Sam [D-GA], Sen. Burdick, Quentin N. [D-ND], Sen. Gore, Albert, Jr. [D-TN], Sen. Pryor, David H. [D-AR], Sen. Conrad, Kent [D-ND], Sen. Graham, Bob [D-FL], Sen. Bryan, Richard H. [D-NV], Sen. Baucus, Max [D-MT], Sen. Mikulski, Barbara A. [D-MD], Sen. Shelby, Richard C. [R-AL], Sen. Ford, Wendell H. [D-KY], Sen. Bingaman, Jeff [D-NM], Sen. Heflin, Howell [D-AL], Sen. Boren, David L. [D-OK], Sen. Adams, Brock [D-WA], Sen. DeConcini, Dennis [D-AZ], Sen. Johnston, J. Bennett [D-LA], Sen. Dixon, Alan J. [D-IL], Sen. Specter, Arlen [R-PA], Sen. Akaka, Daniel K. [D-HI], Sen. Hollings, Ernest F. [D-SC], Sen. Reid, Harry [D-NV], Sen. Hatch, Orrin G. [R-UT], Sen. Fowler, Wyche, Jr. [D-GA], Sen. Wirth, Timothy [D-CO], Sen. D'Amato, Alfonse [R-NY], Sen. Mack, Connie, III [R-FL]

Subjects

Taxation

Source updated

26 August 2025

Taxation

Official sourceDownload fileView documentsShare

Summary

Enterprise Capital Formation Act of 1991 - Amends the Internal Revenue Code to allow a deduction for gain on investments in new small business stock (seed capital) held for at least five years. Establishes special rules for such investments. Provides for determining the maximum capital gains rate for small business net capital gain or seed capital gain. Treats capital gains on the sale of such stock as a preference item for purposes of the minimum tax.

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

Timeline

  1. 7 November 1991

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 7 November 1991

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 19 February 1992

    Committee

    Committee on Finance. Hearings held. Hearings printed: S.Hrg. 102-673.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN

    ViewDownloadOpen at official source

  • Introduced in Senate

    summary · EN · 7 November 1991

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Showing 48 of 49 sponsors and actors.

Related records

Sources

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