Pipeline · Bill → Law
Step 1
Introduced
Apr 20, 2023
Step 2
Referred
Apr 20, 2023
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill increases the exclusion of gain from the disposition of qualified small business stock held for five years or more. The increase also applies to convertible debt instruments (debt instruments that can be converted into stock). The bill also eliminates the requirement that qualified small business stock be issued solely by a C corporation.
Timeline · 2 actions
Apr 20, 2023
Introduced in House
Apr 20, 2023
Referred to the House Committee on Ways and Means.