H.R. 3571 · 112th Congress
Entrepreneur Startup Growth Act of 2011
- Stage
- In committee
- Sponsor
- Judy Chu
- Introduced
- 2011-12-06
- Latest action
- 2012-01-12 · Referred to the Subcommittee on Domestic Monetary Policy and Technology.
Summary
Entrepreneur Startup Growth Act of 2011 - Directs the Commissioner of the Internal Revenue Service (IRS), in consultation with the Administrator of the Small Business Administration (SBA), to establish a self-employment tax initiative grant program to provide certain self-employed individuals with modified adjusted gross incomes of $50,000 or less with affordable tax preparation and business development assistance. Authorizes the Commissioner to make program grants of not more than $75,000 to community-based organizations, microlenders, nonprofit organizations, institutions of higher education, and local governments.
Directs the Comptroller General to study and report on such program, including program outcomes.