United States · Bill · S
S. 363 (103rd)
A bill to amend the Internal Revenue Code of 1986 to provide a 50 percent exclusion for gain from certain small business stock, and for other purposes.
Introduced
16 February 1993
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
14 January 2025
Summary
Amends the Internal Revenue Code to exclude from gross income 50 percent of any gain from the sale or exchange of small business stock held for at least two years. Establishes special rules for such exchanges. 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
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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 · EN · 16 February 1993
Introduced in Senate (PDF)
Introduced in Senate · EN · 16 February 1993
Introduced in Senate
summary · EN · 16 February 1993
Sponsors
No sponsors or actors listed by the source.
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/103rd-congress/senate-bill/363
- Open data entity: https://api.congress.gov/v3/bill/103/s/363