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Invest in Innovative Small Businesses Act
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
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vs 7,393 other HR bills in the 115th — cohort avg 50d
Invest in Innovative Small Businesses Act This bill amends the Internal Revenue Code to allow a new business-related tax credit equal to 25% of the equity investments made by a qualified investor in a domestic corporation or partnership that: is a small business, has its headquarters in the United States, is engaged in a specified high technology trade or business, has been in existence for less than 5 years, employs fewer than 100 full-time employees, has more than 50% of its employees performing substantially all of their services in the United States, and has certain equity investments designated for the purposes of this bill that do not exceed specified amounts. The bill limits the allowable amount of such credit to the excess of the sum of regular tax liability, plus the tax under provisions regarding the alternative minimum tax, over the sum of specified tax credits allowed for the year. It also imposes an overall limitation on such credit of $500 million for each of calendar years 2018 through 2022.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (3)
2018 · fourth_quarter · Taxation/Internal Revenue Code
EDA supported the previous passage the Tax Cuts and Jobs Act (H.R.1). EDA continues to support the preservation of the Last In, First Out Accounting method, reduced personal and corporate tax rates, elimination of the "Death Tax". EDA is not aware of any pending bills related to these priorities at this time. EDA supports the H.R. 4175 the Invest in Innovative Small Businesses Act. This bill would amend the internal revenue to allow a credit income for equity investments and addresses other small business concerns.
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $183,119 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2018 · fourth_quarter · Taxation/Internal Revenue Code
EDA supported the previous passage of the Tax Cuts and Jobs Act (H.R.1). EDA continues to support the preservation of the Last In-First Out Accounting method, reduced personal and corporate tax rates, and elimination of the "Death Tax." EDA is not aware of any pending bills related to these priorities at this time. EDA supports H.R. 4175 the Invest in Innovative Small Business Act. This bill would amend the internal revenue code to allow a credit income for equity investments and addresses other than small business concerns.
Client expense: Not reported · Firm income: $10,000
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2018 · third_quarter · Taxation/Internal Revenue Code
EDA supported the previous passage the Tax Cuts and Jobs Act (H.R.1). EDA continues to support the preservation of the Last In, First Out Accounting method, reduced personal and corporate tax rates, elimination of the "Death Tax". EDA is not aware of any pending bills related to these priorities at this time. EDA supports the H.R. 4175 the Invest in Innovative Small Businesses Act. This bill would amend the internal revenue to allow a credit income for equity investments and addresses other small business concerns.
Client expense: $183,119 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2018 · third_quarter · Taxation/Internal Revenue Code
EDA supported the previous passage of the Tax Cuts and Jobs Act (H.R.1). EDA continues to support the preservation of the Last In-First Out Accounting method, reduced personal and corporate tax rates, and elimination of the "Death Tax." EDA is not aware of any pending bills related to these priorities at this time. EDA supports H.R. 4175 the Invest in Innovative Small Business Act. This bill would amend the internal revenue code to allow a credit income for equity investments and addresses other than small business concerns.
Client expense: Not reported · Firm income: $10,000
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2018 · second_quarter · Taxation/Internal Revenue Code
EDA supported the previous passage of the Tax Cuts and Jobs Act (H.R.1). EDA continues to support the preservation of the Last In-First Out Accounting method, reduced personal and corporate tax rates, and elimination of the "Death Tax." EDA is not aware of any pending bills related to these priorities at this time. EDA supports H.R. 4175 the Invest in Innovative Small Business Act. This bill would amend the internal revenue code to allow a credit income for equity investments and addresses other than small business concerns.
Client expense: Not reported · Firm income: $10,000
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2018 · second_quarter · Taxation/Internal Revenue Code
EDA supported the previous passage of the Tax Cuts and Jobs Act (H.R.1). EDA continues to support the preservation of the Last In-First Out Accounting method, reduced personal and corporate tax rates, and elimination of the "Death Tax." EDA is not aware of any pending bills related to these priorities at this time. EDA supports H.R. 4175 the Invest in Innovative Small Business Act. This bill would amend the internal revenue code to allow a credit income for equity investments and addresses other than small business concerns.
Client expense: Not reported · Firm income: $10,000
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2018 · second_quarter · Taxation/Internal Revenue Code
EDA supported the previous passage the Tax Cuts and Jobs Act (H.R.1). EDA continues to support the preservation of the Last In, First Out Accounting method, reduced personal and corporate tax rates, elimination of the "Death Tax". EDA is not aware of any pending bills related to these priorities at this time. EDA supports the H.R. 4175 the Invest in Innovative Small Businesses Act. This bill would amend the internal revenue to allow a credit income for equity investments and addresses other small business concerns.
Client expense: $183,119 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2018 · first_quarter · Taxation/Internal Revenue Code
EDA supported the previous passage of the Tax Cuts and Jobs Act (H.R.1). EDA continues to support the preservation of the Last In-First Out Accounting method, reduced personal and corporate tax rates, and elimination of the "Death Tax." EDA is not aware of any pending bills related to these priorities at this time. EDA supports H.R. 4175 the Invest in Innovative Small Business Act. This bill would amend the internal revenue code to allow a credit income for equity investments and addresses other than small business concerns.
Client expense: Not reported · Firm income: $12,500
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2018 · first_quarter · Taxation/Internal Revenue Code
EDA supported the previous passage the Tax Cuts and Jobs Act (H.R.1). EDA continues to support the preservation of the Last In, First Out Accounting method, reduced personal and corporate tax rates, elimination of the "Death Tax". EDA is not aware of any pending bills related to these priorities at this time. EDA supports the H.R. 4175 the Invest in Innovative Small Businesses Act. This bill would amend the internal revenue to allow a credit income for equity investments and addresses other small business concerns.
Client expense: $183,119 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2017 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 184, S. 108 bills related to the Medical Device Excise Tax H.R. 4175 related to the reform of the tax code and tax credits for investors in pre-revenue and start-up medical technology companies Issues related to tax incentives for investment in pre-revenue and start-up medical technology companies
Client expense: $1,010,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE