HR 3231 · 112th Congress · Taxation

To amend the Internal Revenue Code of 1986 to increase the amount allowed as a deduction for start-up expenditures.

Introduced 2011-10-14· Sponsored by Rep. Meehan, Patrick [R-PA-7]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2011-10-14)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the tax deduction for the start-up expenditures of an active trade or business from $5,000 to $20,000 in taxable years beginning in 2011 through 2014.…

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

Cosponsors (5)

3 Democrats2 Republicans
Rep. Connolly, Gerald E. [D-VA-11]VA
Rep. Carney, John C., Jr. [D-DE-At Large]DE
Rep. Stivers, Steve [R-OH-15]OH
Rep. Dent, Charles W. [R-PA-15]PA
Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4]GA