Voice your opinion on congressional bill HR3937-118 and let lawmakers know your stance with UnPac!

Small Business Jobs Act

This bill provides tax incentives for investment in small businesses. Among other provisions, the bill

increases from $600 to $5,000 (adjusted annually for inflation) the general reporting threshold for services performed by an independent contractor or subcontractor,
restores reporting requirements for third party network transactions,
modifies the exclusion of gain from the sale of qualified small business stock,
increases the ceiling for expensing of depreciable business assets,
establishes rural opportunity zones, and
reinstates reporting requirements for qualified opportunity zones and applies such requirements to qualified rural opportunity zones.

House floor actions Actions

Calendars
Jun. 30 2023	Placed on the Union Calendar, Calendar No. 100.

Committee
Jun. 30 2023	Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-128.

IntroReferral
Jun. 09 2023	Referred to the House Committee on Ways and Means.

Committee
Jun. 30 2023	Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-128.

IntroReferral
Jun. 09 2023	Introduced in House Introduced in House

Committee
Jun. 13 2023	Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 24 - 18. Committee Consideration and Mark-up Session Held