3.0.0 4068 2023-01-11T13:29:22Z 2023-01-11T13:29:22Z House HR 2015-11-18 114 [Congressional Record Volume 161, Number 170 (Wednesday, November 18, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. LAWRENCE:H.R. 4068.Congress has the power to enact this legislation pursuantto the following:The Congress shall have Power to lay and collect Taxes,Duties, Imposts and Excises, to pay the Debts and provide forthe common Defence and general Welfare of the United States;but all Duties, Imposts and Excises shall be uniformthroughout the United States.[Page H8361]]]> hswm00 Ways and Means Committee House Standing Referred to 2015-11-18T15:02:10Z Small Business Tax Certainty and Growth Act of 2015 114 1141 S 2015-04-30 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2571-2572) Related bill CRS Urban Progress Act of 2016 114 5671 HR 2016-08-30 Referred to the Subcommittee on Nutrition. Related bill CRS 2015-11-18 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2015-11-18 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-11-18 Introduced in House IntroReferral 1000 9 Library of Congress L000581 Rep. Lawrence, Brenda L. [D-MI-14] Brenda Lawrence D MI L. 14 N V000081 Rep. Velazquez, Nydia M. [D-NY-7] NYDIA VELAZQUEZ D NY M. 7 2015-11-18 True C001067 Rep. Clarke, Yvette D. [D-NY-9] Yvette Clarke D NY D. 9 2015-11-18 True P000604 Rep. Payne, Donald M., Jr. [D-NJ-10] Donald Payne D NJ M. 10 2015-11-18 True C001080 Rep. Chu, Judy [D-CA-27] Judy Chu D CA 27 2015-11-19 False R000577 Rep. Ryan, Tim [D-OH-13] TIM RYAN D OH 13 2015-12-01 False J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2015-12-01 False Taxation Business investment and capital Corporate finance and management Income tax deductions Small business Taxation 00 2015-11-18 Introduced in House 2016-01-14T22:04:03Z Promote Startups Act of 2015

This bill amends the Internal Revenue Code to increase the maximum tax deduction for business start-up expenditures from $5,000 to $15,000 and to increase the deduction for the organizational expenditures of corporations from $5,000 to $10,000. The bill also increases the ceilings for such expenditures over which the amount of the tax deduction is reduced.

]]> Promote Startups Act of 2015 Display Title Promote Startups Act of 2015 Official Title as Introduced To amend the Internal Revenue Code of 1986 to permanently increase the limitations on the deduction for start-up and organizational expenditures. Introduced in House IH Short Titles as Introduced Promote Startups Act of 2015 Introduced in House 2015-11-18T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr4068ih/xml/BILLS-114hr4068ih.xml 2015-11-18 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.