# 114-hr-4068: Promote Startups Act of 2015

114-hr-4068, Promote Startups Act of 2015, is a 114th Congress bill sponsored by Rep. Lawrence, Brenda L. [D-MI-14] (D-MI); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4068
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4068
- Congress: 114
- Title: Promote Startups Act of 2015
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-11-18
- Sponsor: Rep. Lawrence, Brenda L. [D-MI-14] (D-MI)
- Cosponsors: 6
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## 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.

## Cosponsors (6)

- Rep. Velázquez, Nydia M. [D-NY-7] (D-NY), 2015-11-18T00:00:00.000Z
- Rep. Clarke, Yvette D. [D-NY-9] (D-NY), 2015-11-18T00:00:00.000Z
- Rep. Payne, Donald M., Jr. [D-NJ-10] (D-NJ), 2015-11-18T00:00:00.000Z
- Rep. Chu, Judy [D-CA-28] (D-CA), 2015-11-19T00:00:00.000Z
- Rep. Ryan, Tim [D-OH-13] (D-OH), 2015-12-01T00:00:00.000Z
- Rep. Jackson Lee, Sheila [D-TX-18] (D-TX), 2015-12-01T00:00:00.000Z

## Related bills

- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 114-hr-4479: Families of Flint Act
- 114-hr-3514: WAGE Act
- 114-hr-3308: Seniors Have Eyes, Ears, and Teeth Act
- 114-hr-3268: PAST Act

## Sources
- [114-hr-4068 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4068)

## Related
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [114-hr-4479: Families of Flint Act](https://policyrisk.com/legislation/114-hr-4479)
- [114-hr-3514: WAGE Act](https://policyrisk.com/legislation/114-hr-3514)
- [114-hr-3308: Seniors Have Eyes, Ears, and Teeth Act](https://policyrisk.com/legislation/114-hr-3308)
- [114-hr-3268: PAST Act](https://policyrisk.com/legislation/114-hr-3268)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4068 (as of 2025-11-18).