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H.R. 256 · 114th Congress

Creating Jobs From Innovative Small Businesses Act of 2015

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

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1 cosponsor · 1 D

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Amends the Internal Revenue Code to allow a general business tax credit of 20% of the amount paid to acquire an equity investment in a qualified research intensive small business concern.

What it does: CRS summary · Introduced in House · Jan 9, 2015

Creating Jobs From Innovative Small Businesses Act of 2015

Amends the Internal Revenue Code to allow a general business tax credit of 20% of the amount paid to acquire an equity investment in a qualified research intensive small business concern. Defines "qualified research intensive small business concern" as a small business concern that employs an average of fewer than 500 employees during a year and devotes at least 50% of its gross expenditures to research and experimentation.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Creating Jobs From Innovative Small Businesses Act of 2015

Latest action (Jan 9, 2015): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Jan 9, 2015

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.