H.R. 2767 · 118th Congress
Small Business Investment Act of 2023
- Stage
- In committee
- Sponsor
- David Kustoff
- Introduced
- 2023-04-20
- Latest action
- 2023-04-20 · Introduced in House
Summary
Small Business Investment Act of 2023
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).
The bill also eliminates the requirement that qualified small business stock be issued solely by a C corporation.