US Congress House Bill 1730 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on May 4 2011 - 25% progression, died in committee
Action: 2011-05-04 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Small Business Start-up Savings Accounts Act of 2011- Amends the Internal Revenue Code to provide for tax-exempt Small Business Start-up Savings Accounts to pay for trade or business expenses, including the purchase of equipment or facilities, marketing, training, incorporation, and accounting fees. Allows annual contributions to such accounts up to $10,000. Sets forth rules for the tax treatment of contributions to and rollovers from such accounts, similar to rules governing individual retirement accounts (IRAs).

Small Business Start-up Savings Accounts Act of 2011

Rep. Terri Sewell [D-AL]	Rep. Karen Bass [D-CA]	Rep. Corrine Brown [D-FL]	Rep. David Cicilline [D-RI]
Rep. Colleen Hanabusa [D-HI]	Rep. Sheila Jackson-Lee [D-TX]	Rep. Rick Larsen [D-WA]	Rep. Laura Richardson [D-CA]
Rep. Frederica Wilson [D-FL]

Date	Chamber	Action
2011-05-04	House	Referred to the House Committee on Ways and Means.

HB1180 (Related) 2011-03-17 - Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/1730/all-info
Text	https://www.congress.gov/112/bills/hr1730/BILLS-112hr1730ih.pdf