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114-hr-4068114th Congress
Promote Startups Act of 2015
Sponsored By: Representative Lawrence, Brenda L. [D-MI-14]
Unknown
Summary
Promote Startups Act of 2015 This bill amends the Internal Revenue Code to increase the maximum tax deduction for business start-up expenditures from $5,000 to $15,000 and to increase the deduction for the organizational expenditures of corporations from $5,000 to $10,000. The bill also increases the ceilings for such expenditures over which the amount of the tax deduction is reduced.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Lawrence, Brenda L. [D-MI-14]
MI • D
Cosponsors
Rep. Velázquez, Nydia M. [D-NY-7]
NY • D
Sponsored 11/18/2015
Rep. Clarke, Yvette D. [D-NY-9]
NY • D
Sponsored 11/18/2015
Rep. Payne, Donald M., Jr. [D-NJ-10]
NJ • D
Sponsored 11/18/2015
Rep. Chu, Judy [D-CA-28]
CA • D
Sponsored 11/19/2015
Rep. Ryan, Tim [D-OH-13]
OH • D
Sponsored 12/1/2015
Rep. Jackson Lee, Sheila [D-TX-18]
TX • D
Sponsored 12/1/2015
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov