Tax Relief for New Businesses Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1613 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1613 To amend the Internal Revenue Code of 1986 to increase the limitations for deductible new business expenditures, to consolidate provisions for start-up and organizational expenditures, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 6, 2025 Ms. Rosen (for herself, Mrs. Shaheen, Ms. Baldwin, Mr. Wyden, Mr. Blumenthal, Ms. Klobuchar, Mr. Heinrich, Mr. Coons, Ms. Slotkin, Mr. Gallego, and Ms. Alsobrooks) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to increase the limitations for deductible new business expenditures, to consolidate provisions for start-up and organizational expenditures, and for other purposes. 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 t…