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H.R. 122

BillFederalHouseIn Committee
Creating Jobs From Innovative Small Businesses Act of 2013
About This Bill
Committee
Latest Action · January 3, 2013
Referred to the House Committee on Ways and Means.
Congress
113th (2013–2015)
Introduced
January 3, 2013
Cosponsors (0)
None
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Summary

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Creating Jobs From Innovative Small Businesses Act of 2013 - Amends the Internal Revenue Code to allow a general business tax credit of 20% of the amount paid to acquire an equity investment in a qualified high technology small business concern. Defines "qualified high technology small business concern" as a small business concern that employs an average of fewer than 500 employees during a year and devotes at least 50% of its gross expenditures to research and experimentation.

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