S. 3950 · 109th Congress
Access to Capital for Entrepreneurs Act of 2006
- Stage
- In committee
- Sponsor
- Olympia Snowe
- Introduced
- 2006-09-27
- Latest action
- 2006-09-27 · Introduced in Senate
Summary
Access to Capital for Entrepreneurs Act of 2006 - Amends the Internal Revenue Code to allow certain investors a business tax credit for 25% of equity investments made in small businesses, up to an annual limit of $500,000. Terminates such credit after 2011.