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H.R. 2767

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to modify the exclusion for gain from qualified small business stock.
About This Bill
Committee
Latest Action · April 20, 2023
Referred to the House Committee on Ways and Means.
Congress
118th (2023–2025)
Introduced
April 20, 2023
Cosponsors (1)
0D 1R
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Summary

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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.

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