Small Business Investment Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1199 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1199 To amend the Internal Revenue Code of 1986 to modify the exclusion for gain from qualified small business stock. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 11, 2025 Mr. Kustoff introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to modify the exclusion for gain from qualified small business stock. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Small Business Investment Act of 2025''. SEC. 2. PHASED INCREASE IN EXCLUSION FOR GAIN FROM QUALIFIED SMALL BUSINESS STOCK. (a) In General.--Section 1202(a)(1) of the Internal Revenue Code of 1986 is amended-- (1) by striking ``50 percent'' and inserting ``the applicable percentage'', and (2) by striking ``held for more than 5 years'' and…