3.0.0 2614 2023-01-11T13:22:43Z 2023-01-11T13:22:43Z House H HR 2011-07-21 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PAUL:H.R. 2614.Congress has the power to enact this legislation pursuantto the following:The Sixteenth Amendment, which gives Congress the power tolay and collect taxes, clearly gives Congress the authorityto allow Americans to use funds from tax-free savingsaccounts to create new business and create new jobs.[Page H5374]]]> hswm00 Ways and Means Committee House Standing Referred to 2011-07-21T14:02:20Z 2011-07-21 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-07-21 Sponsor introductory remarks on measure. (CR E1384) IntroReferral B00100 9 Library of Congress 2011-07-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-07-21 Introduced in House IntroReferral 1000 9 Library of Congress P000583 Rep. Paul, Ron [R-TX-14] RON PAUL R TX 14 N P000598 Rep. Polis, Jared [D-CO-2] Jared Polis D CO 2 2011-09-20 False Taxation Business investment and capital Capital gains tax Employee benefits and pensions Income tax exclusion Small business Taxation

00 2011-07-21 Introduced in House 2011-08-29T15:36:03Z Entrepreneurship Tax Cut Act of 2011 - Amends the Internal Revenue Code to exclude from gross income amounts distributed from tax-exempt retirement plans, health savings accounts, Roth individual retirement accounts (IRAs), and qualified tuition programs to acquire an ownership interest (at least 40%) in an entity in connection with beginning an active trade or business.

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Display Title Official Title as Introduced Introduced in House IH Short Titles as Introduced Introduced in House 2011-07-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2614ih/xml/BILLS-112hr2614ih.xml 2011-07-21 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.