H.R. 2614 · 112th Congress
Entrepreneurship Tax Cut Act of 2011
- Stage
- In committee
- Sponsor
- Ron Paul
- Introduced
- 2011-07-21
- Latest action
- 2011-07-21 · Introduced in House
Summary
Entrepreneurship Tax Cut Act of 2011 - Amends the Internal Revenue Code to exclude from gross income amounts distributed from tax-exempt retirement plans, health savings accounts, Roth individual retirement accounts (IRAs), and qualified tuition programs to acquire an ownership interest (at least 40%) in an entity in connection with beginning an active trade or business.