HR 2614 · 112th Congress · Taxation

Entrepreneurship Tax Cut Act of 2011

Introduced 2011-07-21· Sponsored by Rep. Paul, Ron [R-TX-14]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2011-07-21)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Rep. Polis, Jared [D-CO-2]CO