HR 7090 · 117th Congress · Taxation

Eliminating Paperwork for Startups Act

Introduced 2022-03-15· Sponsored by Rep. McHenry, Patrick T. [R-NC-10]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2022-03-15)

Plain Language Summary

[AI summary unavailable — showing source text] Eliminating Paperwork for Startups Act This bill requires the Internal Revenue Service to allow the election relating to property transferred in connection with services (i.e., to include in gross income the amount of such property in the year of transfer) to be made in electronic form.…

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

Cosponsors (3)

2 Democrats1 Republican
Rep. Smith, Adrian [R-NE-3]NE
Rep. Velazquez, Nydia M. [D-NY-7]NY
Rep. DelBene, Suzan K. [D-WA-1]WA