News Column

Sen. Murphy Introduces Bill to Allow Credit Against Income Tax for Angel Invest Equity Investments

June 23, 2014

by GEMA VIANA Targeted News Service

WASHINGTON, June 23 -- Sen. Christopher S. Murphy, D-Conn., has introduced legislation (S. 2497) to "amend the Internal Revenue Code of 1986 to allow a credit against income tax for equity investments by angel investors."

The bill was introduced on June 19 and was co-sponsored by Sen. Brian Schatz, D-Hawaii.

The legislation was referred to the Senate Finance Committee.

The full text of the bill is available from the Library of Congress Thomas legislative website. To access the bill, go to For more information about congressional legislation and services offered by Targeted News Service to track issues, key words or members of Congress who introduce or co-sponsor legislation, please contact or call 703/304-1897.

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Source: Targeted News Service

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