3.0.0 3907 2023-01-11T20:23:36Z 2023-01-11T20:23:36Z House H HR 2007-10-18 110 hswm00 Ways and Means Committee House Standing Referred to 2007-10-18T14:02:25Z 2007-10-18 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-10-18 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-10-18 Introduced in House IntroReferral 1000 9 Library of Congress M001169 Rep. Murphy, Christopher [D-CT-5] Christopher Murphy D CT S. 5 N Taxation Agriculture and Food Brownfields Capital gains tax Commerce Corporation taxes Depreciation and amortization Depressed areas Economics and Public Finance Enterprise zones Environmental Protection Finance and Financial Sector Government Operations and Politics Government contractors Hazardous wastes Income tax Labor and Employment Leases Liability for environmental damages Research and development tax credit Restaurants Science, Technology, Communications Small business Stockholders Stocks Tax administration Tax deductions Tax exclusion Withholding tax Taxation

00 2007-10-18 Introduced in House 2007-11-21T18:17:49Z Small Business Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) make permanent the work opportunity tax credit, the new markets tax credit, and the tax credit for increasing research activities; (2) make permanent accelerated depreciation of qualified leasehold improvement and restaurant property and expensing of environmental remediation expenditures; (3) increase the partial tax exclusion of gain from sales of certain small business stock for noncorporate business taxpayers and businesses in an empowerment zone; (4) permit certain small businesses to elect taxable years ending between April and November; (5) increase the allowable number of S corporation shareholders from 100 to 150; and (6) exempt certain small businesses from the 3% withholding requirement applicable to payments made to such businesses by government entities.

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Official Title as Introduced Introduced in House IH Display Title Short Titles as Introduced Introduced in House 2007-10-18T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr3907ih/xml/BILLS-110hr3907ih.xml 2007-10-18 Referred to the House Committee on Ways and Means. text/xml EN 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. Congressional Research Service, Library of Congress 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.