Pipeline · Bill → Law
Step 1
Introduced
Apr 20, 2023
Step 2
Referred
Apr 20, 2023
Finance
Step 3
Committee
Step 4
Senate
Step 5
House floor
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 Senate
Apr 20, 2023
Read twice and referred to the Committee on Finance.