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United States · Bill · S

S. 2498 (95th)

Small Business Reinvestment Act

referredUnited States· United States Congress· EN

Introduced

6 February 1978

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Small Business Reinvestment Act - Amends the Internal Revenue Code to provide that if an equity or proprietary interest is sold, gain from such sale shall be recognized only to the extent that the sale price exceeds the cost of an equity or proprietary interest in a small business purchased within two years from the date of the sale.

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Documents

1 official file

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Sources

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