HR 256 · 114th Congress · Taxation

Creating Jobs From Innovative Small Businesses Act of 2015

Introduced 2015-01-09· Sponsored by Rep. Honda, Michael M. [D-CA-17]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2015-01-09)

Plain Language Summary

[AI summary unavailable — showing source text] Creating Jobs From Innovative Small Businesses Act of 2015 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 research intensive small business concern. Defines "qualified research intensive 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.…

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

Cosponsors (1)

1 Democrat
Rep. Serrano, Jose E. [D-NY-15]NY