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United States · Bill · S

S. 2382 (95th)

Small Business Investment Incentive Act

referredUnited States· United States Congress· EN

Introduced

15 December 1977

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Small Business Investment Incentive Act - Title I: Investment Incentives - Amends the Internal Revenue Code to provide special tax benefits with respect to gains and losses on the sale of interests in small businesses, bad debt deductions for guarantors of obligations of small business corporations, reserves for losses on equity investments of small business investment companies, and qualified stock options for small businesses. Title II: Tax Reduction - Increases the corporate surtax exemption, and the amount of the additional first year depreciation allowance for small businesses. Allows a ten-year carryover of small business net operating losses. Increases the minimum accumulated earnings credit.

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1 official file

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