[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1704 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 1704

 To amend the Internal Revenue Code of 1986 to increase the deduction 
       for start-up expenditures for business for 2013 and 2014.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 24, 2013

Mr. Braley of Iowa introduced the following bill; which was referred to 
                    the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to increase the deduction 
       for start-up expenditures for business for 2013 and 2014.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Support Our Startups Act of 2013''.

SEC. 2. INCREASE IN DEDUCTION FOR START-UP EXPENDITURES FOR 2013 AND 
              2014.

    (a) In General.--Paragraph (3) of section 195(b) of the Internal 
Revenue Code of 1986 is amended--
            (1) by striking ``2010'' in the matter preceding 
        subparagraph (A) and inserting ``2010, 2013, or 2014'', and
            (2) by striking ``2010'' in the heading and inserting 
        ``2010, 2013, or 2014''.
    (b) Effective Date.--The amendments made by subsection (a) shall 
apply to taxable years beginning after December 31, 2012.
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