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<BillSummaries>
<item congress="114" measure-type="hr" measure-number="256" measure-id="id114hr256" originChamber="HOUSE" orig-publish-date="2015-01-09" update-date="2015-01-29">
<title>Creating Jobs From Innovative Small Businesses Act of 2015</title>
<summary summary-id="id114hr256v00" currentChamber="HOUSE" update-date="2015-01-29">
<action-date>2015-01-09</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p><strong>Creating Jobs From Innovative Small Businesses Act of 2015</strong> </p> <p> Amends the Internal Revenue Code to allow a general business tax credit of 20% of the amount paid to acquire an equity investment in a qualified research intensive small business concern. Defines "qualified research intensive small business concern" as a small business concern that employs an average of fewer than 500 employees during a year and devotes at least 50% of its gross expenditures to research and experimentation.</p>]]></summary-text>
</summary>
</item>
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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 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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