3.0.0 1262 2023-01-11T13:31:10Z 2023-01-11T13:31:10Z Senate S 2015-05-07 114 ssfi00 Finance Committee Senate Standing Referred to 2015-05-07T21:39:52Z Small Business Start-up Savings Accounts Act of 2016 114 5783 HR 2016-07-14 Referred to the House Committee on Ways and Means. Related bill CRS 2015-05-07 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2015-05-07 Introduced in Senate IntroReferral 10000 9 Library of Congress H001042 Sen. Hirono, Mazie K. [D-HI] Mazie Hirono D HI K. N Taxation Business investment and capital Employee benefits and pensions Income tax exclusion Small business Taxation 00 2015-05-07 Introduced in Senate 2015-06-04T21:22:24Z Small Business Start-up Savings Accounts Act of 2015

Amends the Internal Revenue Code to provide for tax-exempt Small Business Start-up Savings Accounts to pay for trade or business expenses, including the purchase of equipment or facilities, marketing, training, incorporation, and accounting fees. Allows annual contributions to such accounts up to $10,000. Sets forth rules for the tax treatment of contributions to and rollovers from such accounts, similar to rules governing individual retirement accounts (IRAs).

]]> Small Business Start-up Savings Accounts Act of 2015 Display Title Small Business Start-up Savings Accounts Act of 2015 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to establish tax-preferred Small Business Start-up Savings Accounts. Introduced in Senate IS Short Titles as Introduced Small Business Start-up Savings Accounts Act of 2015 Introduced in Senate 2015-05-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1262is/xml/BILLS-114s1262is.xml 2015-05-07 Read twice and referred to the Committee on Finance. 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.