# 119-s-1613: Tax Relief for New Businesses Act

119-s-1613, Tax Relief for New Businesses Act, is a 119th Congress bill sponsored by Sen. Rosen, Jacky [D-NV] (D-NV); status introduced; PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/legislation/119-s-1613
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1613
- Congress: 119
- Title: Tax Relief for New Businesses Act
- Status: introduced
- Introduced: 2025-05-06
- Sponsor: Sen. Rosen, Jacky [D-NV] (D-NV)
- Cosponsors: 10
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-11-01

## Summary

**Consolidates start-up and organizational expenditures into a single Section 195 deduction and raises the immediate expensing thresholds.** It would also change how partnerships treat these costs and create separate net operating loss rules for start-up losses. - Startups and new businesses: Combines start-up and organizational costs into one deduction and raises the immediate expensing threshold to $50,000 with the phase-out starting at $50,000 and ending at $150,000. This lets more early costs be deducted sooner for qualifying taxpayers. - Partnerships and S corporations: Requires the election and amortization rules to be made and applied at the entity level for partnerships and S corporations. It also adds a new Section 709 that disallows deductions for syndication fees and for amounts paid to promote or sell a partnership interest. - Net operating losses: Creates a separate "start-up and organizational" NOL category, applies a 100 percent applicable percentage instead of 80 percent to those NOLs, excludes a specific subsection from applying to them, and requires an irrevocable election to use the special rules.

## Cosponsors (10)

- Sen. Shaheen, Jeanne [D-NH] (D-NH), 2025-05-06T00:00:00.000Z
- Sen. Baldwin, Tammy [D-WI] (D-WI), 2025-05-06T00:00:00.000Z
- Sen. Wyden, Ron [D-OR] (D-OR), 2025-05-06T00:00:00.000Z
- Sen. Blumenthal, Richard [D-CT] (D-CT), 2025-05-06T00:00:00.000Z
- Sen. Klobuchar, Amy [D-MN] (D-MN), 2025-05-06T00:00:00.000Z
- Sen. Heinrich, Martin [D-NM] (D-NM), 2025-05-06T00:00:00.000Z
- Sen. Coons, Christopher A. [D-DE] (D-DE), 2025-05-06T00:00:00.000Z
- Sen. Slotkin, Elissa [D-MI] (D-MI), 2025-05-06T00:00:00.000Z
- Sen. Gallego, Ruben [D-AZ] (D-AZ), 2025-05-06T00:00:00.000Z
- Sen. Alsobrooks, Angela D. [D-MD] (D-MD), 2025-05-06T00:00:00.000Z

## Provisions PRIA read

- Bigger startup deduction for new businesses: benefit, high. If enacted, you could treat organizational costs the same as start-up costs. You could deduct up to $50,000 right away. The immediate deduction phases out once combined costs reach $150,000. For partnerships and S corporations, the entity must make the election. The bill would add a special, irrevo…
- No deduction for partnership syndication fees: cost, high. If enacted, partnerships and partners could not deduct fees paid to sell or promote partnership interests. The ban applies to amounts paid in tax years starting after Dec 31, 2025. If your partnership pays these fees, your partnership or your partner-level taxable income could be higher.
- Repeal of organization expenditures rule: mixed, medium. If enacted, section 248 on organization expenditures would be repealed. The bill removes many cross-references and parenthetical exceptions across the tax code. These changes would apply to expenses in tax years starting after Dec 31, 2025. Some taxpayers could see simpler rules, while others could…

## Related bills

- 119-s-3990: PrEP Access and Coverage Act of 2026
- 119-s-2823: FAMILY Act
- 119-s-51: Washington, D.C. Admission Act
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act
- 119-s-2295: Child Care for Working Families Act

## Sources
- [119-s-1613 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1613)

## Related
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [119-s-5108: Right to IVF Act of 2026](https://policyrisk.com/legislation/119-s-5108)
- [119-s-1503: Equality Act](https://policyrisk.com/legislation/119-s-1503)
- [119-s-2295: Child Care for Working Families Act](https://policyrisk.com/legislation/119-s-2295)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1613 (as of 2026-11-01).