S 1243 · 118th Congress

Small Business Investment Act of 2023

<p> <strong>Small Business Investment Act of 2023 </strong></p> <p>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). </p> <p>The…

Sponsor

Cornyn, John (R-TX)

Introduced

2023-04-20

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance.