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    <updateDate>2023-01-13T04:49:56Z</updateDate>
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    <introducedDate>2005-10-06</introducedDate>
    <congress>109</congress>
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      <item>
        <title>Small Business Tax Flexibility Act of 2006</title>
        <congress>109</congress>
        <number>2462</number>
        <type>S</type>
        <latestAction>
          <actionDate>2006-03-28</actionDate>
          <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2470)</text>
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        <actionDate>2005-10-06</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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        <bioguideId>S000303</bioguideId>
        <fullName>Rep. Shaw, E. Clay, Jr. [R-FL-22]</fullName>
        <firstName>E.</firstName>
        <lastName>SHAW</lastName>
        <party>R</party>
        <state>FL</state>
        <middleName>CLAY</middleName>
        <district>22</district>
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        <fullName>Rep. Tanner, John S. [D-TN-8]</fullName>
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        <party>D</party>
        <state>TN</state>
        <district>8</district>
        <sponsorshipDate>2005-10-06</sponsorshipDate>
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        <fullName>Rep. Ramstad, Jim [R-MN-3]</fullName>
        <firstName>JIM</firstName>
        <lastName>RAMSTAD</lastName>
        <party>R</party>
        <state>MN</state>
        <district>3</district>
        <sponsorshipDate>2005-11-09</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>E000187</bioguideId>
        <fullName>Rep. English, Phil [R-PA-3]</fullName>
        <firstName>PHIL</firstName>
        <lastName>ENGLISH</lastName>
        <party>R</party>
        <state>PA</state>
        <district>3</district>
        <sponsorshipDate>2006-05-25</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
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        <bioguideId>S001144</bioguideId>
        <fullName>Rep. Shays, Christopher [R-CT-4]</fullName>
        <firstName>CHRISTOPHER</firstName>
        <lastName>SHAYS</lastName>
        <party>R</party>
        <state>CT</state>
        <district>4</district>
        <sponsorshipDate>2006-07-13</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B000944</bioguideId>
        <fullName>Rep. Brown, Sherrod [D-OH-13]</fullName>
        <firstName>Sherrod</firstName>
        <lastName>Brown</lastName>
        <party>D</party>
        <state>OH</state>
        <district>13</district>
        <sponsorshipDate>2006-07-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B000657</bioguideId>
        <fullName>Rep. Boucher, Rick [D-VA-9]</fullName>
        <firstName>RICK</firstName>
        <lastName>BOUCHER</lastName>
        <party>D</party>
        <state>VA</state>
        <district>9</district>
        <sponsorshipDate>2006-07-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    <policyArea>
      <name>Taxation</name>
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    <subjects>
      <legislativeSubjects>
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          <name>Commerce</name>
        </item>
        <item>
          <name>Income tax</name>
        </item>
        <item>
          <name>Losses</name>
        </item>
        <item>
          <name>Partnerships</name>
        </item>
        <item>
          <name>Profit</name>
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        <item>
          <name>Small business</name>
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        <item>
          <name>Tax administration</name>
        </item>
        <item>
          <name>Tax deductions</name>
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      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2005-10-06</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2005-11-09T21:50:49Z</updateDate>
        <text><![CDATA[ <p>Small Business Tax Flexibility Act of 2005 - Amends the Internal Revenue Code to permit certain small start-up businesses to elect a taxable year, other than the required taxable year, which ends on the last day of any of the months of April through November (or at the end of an equivalent annual period).</p>]]></text>
      </summary>
    </summaries>
    <title>Small Business Tax Flexibility Act of 2005</title>
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        <titleType>Display Title</titleType>
        <title>Small Business Tax Flexibility Act of 2005</title>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To permit startup partnerships and S corporations to elect taxable years other than required years.</title>
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        <title>Small Business Tax Flexibility Act of 2005</title>
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        <type>Introduced in House</type>
        <date>2005-10-06T04:00:00Z</date>
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    <latestAction>
      <actionDate>2005-10-06</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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