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Small Business Investment Act of 2023

USA118th CongressS-1243| Senate 
| Updated: 4/20/2023
John Cornyn

John Cornyn

Republican Senator

Texas

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Apr 20, 2023

Latest Companion Bill Action

HR 118-2767
Introduced in House
Apr 20, 2023
Introduced in Senate
Apr 20, 2023
Read twice and referred to the Committee on Finance.
  • April 20, 2023

    Latest Companion Bill Action

    HR 118-2767
    Introduced in House


  • April 20, 2023
    Introduced in Senate


  • April 20, 2023
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 118-2767: Small Business Investment Act of 2023

Small Business Investment Act of 2023

USA118th CongressS-1243| Senate 
| Updated: 4/20/2023
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 20, 2023

Latest Companion Bill Action

HR 118-2767
Introduced in House
Apr 20, 2023
Introduced in Senate
Apr 20, 2023
Read twice and referred to the Committee on Finance.
  • April 20, 2023

    Latest Companion Bill Action

    HR 118-2767
    Introduced in House


  • April 20, 2023
    Introduced in Senate


  • April 20, 2023
    Read twice and referred to the Committee on Finance.
John Cornyn

John Cornyn

Republican Senator

Texas

Finance Committee

Taxation

Related Bills

  • HR 118-2767: Small Business Investment Act of 2023
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted