Small Business Investment Act of 2023
United States118th CongressS-1243Senate
Updated: Apr 20, 2023
Summary
Small Business Investment Act of 2023 This bill increases the exclusion of gain from the disposition of qualified small business stock held for five years or more. The increase also applies to convertible debt instruments (debt instruments that can be converted into stock). The bill also eliminates the requirement that qualified small business stock be issued solely by a C corporation.
Bill texts
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Senate
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